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Tag: Sales tax

Loveland residents may create new sales tax to replace tax they cut last year
CBS Colorado, Local

Loveland residents may create new sales tax to replace tax they cut last year

By Dillon Thomas | CBS Colorado Less than one year after Loveland residents overwhelmingly voted to eliminate sales tax on most groceries, a shortfall in the city's budget has now led to some residents asking for a new sales tax to be created. The tax cut, which only applied to groceries purchased for at-home consumption, has now resulted in the city losing millions of dollars in revenue. As CBS News Colorado reported in the fall of 2023, the city warned residents that approving the tax cut would force funding to city services to be cut. The city's planners forecasted that the budget lost would not be deducted from public safety services like police and fire. However, they predicted that entities like the city's parks and recreation and libraries could face cuts. Now, less than a ...
Tim Walz stumped by question on inflation; repeats lie about Trump ‘sales tax’
Breitbart, National

Tim Walz stumped by question on inflation; repeats lie about Trump ‘sales tax’

By Joel B. Pollak | Breitbart Minnesota Gov. Tim Walz, the Democratic nominee for vice president, was stumped Tuesday when asked by a reporter to explain what he and Vice President Kamala Harris would do for families struggling financially. In an interview with local Macon, Georgia, CBS affiliate WMAZ, Walz first said that he and Harris understood the problem because they are “middle class.” He then offered a series of her proposals unrelated to inflation: I tell them Kamala Harris and I know something about it being middle-class folks. Our family sit at the table trying to pay the bill. We know coming out of the COVID pandemic with prices where they were, that people need to see some relief. And I think that’s why Kamala Harris has put out a plan — especially around home ow...
In Colorado Springs, voters will have chance to weigh whether to renew 0.57% sales tax for roads
KXRM-TV, Local

In Colorado Springs, voters will have chance to weigh whether to renew 0.57% sales tax for roads

By Ashley Eberhardt | Fox 21 News On Tuesday, Aug. 13, Colorado Springs City Council voted to refer the renewal of the 2C Road Improvement Program to voters in November. 2C is a voter-approved sales tax, serving as the main source for rebuilding and improving the condition of the City’s existing roadway infrastructure. It was first approved by voters in November 2015 and renewed in 2019. The current authorization sunsets in December 2025.  Without raising taxes, the ballot measure would renew a 0.57% sales tax, or 5.7 cents on each $10 purchase, for 10 years starting in 2026. According to the City, since the 2C program started in 2016, the number of roads in “good” condition has nearly doubled and the number of citizen pothole complaints has gone down by more than 3...