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State lawmakers failed to override the governor's veto of a controversial measure that would have lowered state income taxes. Although Republicans had supermajorities in the House and Senate, Democratic Gov. Jay Nixon was able to rally school districts, which feared their budgets would suffer from the decline in general revenue.
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The rule change, to be enforced beginning next year, will have an impact on restaurants that customarily add tips to the bill for large parties.
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This fall voters across Colorado will decide how recreational marijuana should be taxed.Taxing recreational marijuana was a key part of the campaign to…
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Supporters of a ballot initiative to raise money for Colorado schools kicked off their campaign last week - just as the Secretary of State announced a…
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A 2 percent rise in Social Security taxes that went into effect in January has had a negative impact on the company's cost-conscious shoppers.
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Sen. Max Baucus and Rep. Dave Camp skip much of Washington's formality when they're out traveling the country to try to drum up support for simplifying the tax code. They want to convince Americans — and their colleagues in Congress — that it's possible, and worth it.
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A roughly billion-dollar tax increase is likely to go before voters this fall. It’s part of a larger package of education reform that state lawmakers…
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Most economists say this year's back-to-school sales will be slower than last summer's because consumers have been coping with more expensive gasoline and higher payroll taxes. Still, several states are offering tax-free shopping to encourage purchases.
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The chairmen of the House and Senate tax-writing committees, one Democrat and one Republican, are embarking on a tour to sell the importance of changing tax policy. In public, they stick to what they agree on — but there are still some sticky issues ahead.
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After the Supreme Court ruling overturning the Defense of Marriage Act, President Obama ordered federal agencies to revise their rules regarding benefits for same-sex spouses. But that will be simpler for some federal agencies than others.