Effort to roll back business tax breaks collapses at Colorado Capitol

Effort to roll back business tax breaks collapses at Colorado Capitol

Colorado Democrats in the final days of the legislative session largely abandoned their plan to reverse a suite of tax breaks for businesses and redirect that money to a new tax credit for lower-income families.  After passing the House earlier this month, two bills that were the core of Democrats’ tax package failed on Monday, May 11, in the Senate Finance Committee. The legislative session ends on May 13.  Proponents said the bills were aimed …