Democrats propose bills to decouple Colorado businesses from new tax breaks, revive tax credit for low-income families

Democrats propose bills to decouple Colorado businesses from new tax breaks, revive tax credit for low-income families

Democratic state lawmakers are preparing to roll out a package of bills that would end a suite of tax breaks for businesses and direct that money to a new child tax credit for lower-income families.  The core of the policies would end several tax benefits in Colorado that were created or expanded under the One Big Beautiful Bill Act, the sweeping domestic policy law passed by congressional Republicans’ and signed by President Donald Trump last s…