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incom tax Archives - Invest Smart
Thursday , March 28 2024
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Colorado Voters May Change Flat Income Tax

Colorado Tax Policy

Colorado residents currently pay an income tax of 4.63 percent. In contrast to the progressive income tax systems of the federal government and many states, Colorado has a “flat” income tax system, which means higher earners do not pay proportionately higher income tax rates. Voters of the state, however, may …

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