Bills to eliminate roughly 140 million dollars in business tax exemptions have dominated discussions at the state capitol. The debate over the nine measures has pitted Democrats against Republicans, with Democrats arguing the cuts are necessary to balance the budget and protect money for K through 12 education. Republicans say a recession is the wrong time to increase taxes on businesses. Bente Birkeland delves into two of the most controversial exemptions as part of our capitol conversation series.
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Some Colorado lawmakers want to put an end to Gov. Bill Ritter’s fleet vehicle program and bar the use of state-owned vehicles for tax-free commuting unless it contributes to public safety…Prosecutors in southeastern Colorado say they won’t pursue charges against an ex-convict accused of making a threat against an Amtrak train…and, President Barack Obama will attend two fundraising events in Denver to help raise money for Senator Michael Bennet’s election campaign.
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Lawmakers are entering their third full week of the legislative session today and there’s certainly been a lot to talk about. Emotions ran high during debates on eliminating business tax exemptions with both parties pointing fingers at one another. Lawmakers also dealt with other big ticket items such as the public pension system and medical marijuana. Bente Birkeland takes a look ahead as part of our capitol conversation series.
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Lawmakers wrapped up an action filled week tackling big ticket items last week, such as medical marijuana, reforms to the public pension system, and proposals to eliminate business tax exemptions. The debates ranged from neutral, to heated, to partisan finger pointing. Bente Birkeland has more from the state house.
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Congresswoman Betsy Markey (D) says President Obama struck a chord with fiscally conservative Democrats, while Republican Congressman Doug Lamborn says the thinks the country is “headed in the wrong direction”….and, Colorado business groups say a plan by Governor Ritter to impose certain taxes will cost jobs.
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A long awaited medical Marijuana measure was recently introduced into the state senate. Bente Birkeland analyzes the bill with fellow statehouse reporters as part of our capitol conversation series.
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