The IRS has learned to live lean since 2010, and no one seems to be complaining. At least, no one who makes less than $1 million dollars. Budget slashes, enacted throughout the last five years¹, have reduced the IRS to a shell of its former self, and the powers-that-be must …
Read More »Colorado Voters May Change Flat Income Tax
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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