Category Archives: Colorado

Colorado: Let’s Implement a 1207800% Marginal Tax Rate!

Posted on May 25, 2023 by Russ

Consider two taxpayers who enjoy gambling; both are single and residents of Colorado.  Both are amateur gamblers who earn $100,000 of wage income and rent.  Joe Unlucky broke dead even in his gambling, winning $299,000 (using the session method) and … Continue reading →

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Colorado Voters to Get the Chance to Add 10% Payroll Tax for Single-Payer Health Insurance

Posted on November 15, 2015 by Russ

Colorado voters will get the chance to add a 10% payroll tax next year to fund universal health insurance. The 10% payroll tax–which is on top of all other federal and state taxes–would be on employees pay. Self-employed individuals would … Continue reading →

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Colorado Voters Reject Tax Increase

Posted on November 6, 2013 by Russ

Colorado voters had a chance to increase taxes drastically. Amendment 66, which would have made Colorado’s taxes very progressive (with far higher taxes impacting most citizens), was defeated. With about half the votes cast, the no’s were leading by 66% … Continue reading →

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Coloradans Have a Chance to Increase Business…In Utah, Idaho and Other Neighboring States

Posted on October 17, 2013 by Russ

It’s an off year for elections, but Coloradans have a chance to help neighboring states: Amendment 66 on the state ballot would increase taxes in Colorado. Colorado’s current income tax is a flat 4.63%; the ballot initiative would increase this … Continue reading →

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Psychic Help Wasn’t Good for Clients, but Was Great for the Psychic…Until Caught

Posted on December 18, 2011 by Russ

I’ve been told that a psychic is supposed to know and foretell the future. Nancy Marks was a psychic in Lafayette, Colorado. She had a unique–and quite illegal–method of obtaining income. She warned her clients that there was evil lurking … Continue reading →

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Denver Madam Pleads Guilty

Posted on July 11, 2011 by Russ

Late last year, I reported on Brenda Stewart. Ms. Stewart owned Denver Sugar and Denver Players, a prostitution ring that, per the Denver Post, catered to the high-end of Denver society. The problem for Ms. Stewart wasn’t the call-girl ring; … Continue reading →

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Tax Amenesty in Colorado this Fall

Posted on June 4, 2011 by Russ

Colorado Governor John Hickenlooper signed a bill authorizing a tax amnesty in Colorado. The amnesty period will be from October 1st to November 15th. It applies to any tax debt owed as of December 31, 2010. Additionally, if the Colorado … Continue reading →

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Denver “High-End” Madam Indicted on Tax Evasion Charges

Posted on November 22, 2010 by Russ

Somehow tax evasion goes hand-in-hand with strip clubs and escort services. And if the government is correct in its allegations, a Denver madam will soon have plenty of time at ClubFed to reflect on this. Brenda Stewart apparently owned Denver … Continue reading →

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Colorado Loves California Day

Posted on February 14, 2010 by Russ

A news story out of Denver notes: Colorado lawmakers were incredulous after Gov. Bill Ritter declared that today is “Colorado Loves California Day.” Republican Rep. Jim Kerr of Littleton said, “Are you kidding me,” after he found out it wasn’t … Continue reading →

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