Should Colorado Have a Graduated Income Tax? Group Starts Process for Ballot Question

Should Colorado have a graduated income tax? Group starts process for ballot question

DENVER (KDVR) — A coalition of progressive groups is taking the first steps of getting a question on the 2026 ballot, asking voters if the state should have a graduated income tax, meaning higher earners would be taxed at a higher income tax rate. Supporters of the proposal believe it's a way the state can generate some revenue, but opponents worry it may scare off people who have the most money to spend. Polis makes moves to balance state …

Liberal groups pitch graduated income tax for Colorado’s 2026 ballot

People cast general election ballots at the Adams County Human Services Center on Nov. 5, 2024. (Andrew Fraieli for Colorado Newsline) A coalition of liberal groups in Colorado want to ask voters in 2026 whether higher earners in the state should pay more in income taxes to raise billions more in revenue. The group, dubbed Protect Colorado’s Future, submitted ballot measure language Wednesday for a constitutional amendment that would raise the i…

Should Colorado raise income taxes on the wealthy? Progressive groups pitch change in new ballot measure.

A pitch to shore up Colorado’s Medicaid program and schools by ramping up taxes on the state’s wealthiest residents will likely go to voters next year under a proposal set to be announced Wednesday morning by a coalition of progressive groups. The proposed ballot measure would end Colorado’s decades-old flat income tax policy and require those making more money to pay higher rates. The measure, if approved by voters in November 2026, would cut t…

Ballot measure seeks tax hike for higher income earners in 2026

A coalition led by a Colorado think tank will file a ballot initiative on Wednesday to raise state income tax rates on annual household incomes and corporations with earnings above $500,000. The ballot measure, which sets up a “graduated” income tax, would also provide a tax break for households with incomes below the $500,000 threshold. […]

Liberal groups want to change Colorado’s income tax structure. Can they get their proposal before voters?

A group of liberal advocacy groups is pursuing a 2026 ballot measure that would change the state constitution to enact a graduated income tax rate in Colorado and raise more than $2 billion each year for services like health care, education and public safety. The plan would increase income taxes on people earning at least $506,000 in annual taxable income. The proposal would lower the income taxes on people earning less, who represent the vast m…