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CFI quoted in AP story about income inequality

September 15th, 2014
Caitlin Schneider

State Capitol Building in downtown Denver Colorado

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The Associated Press today ran a national story focusing on income inequality and how it has affected states’ revenues. The story also looked at how a number of states, including Colorado, rely heavily on income tax for revenue. Because income tax fluctuates so much on account of capital gains, it has proven to be a volatile revenue source for the state.

CFI was quoted in a local AP companion story that ran with the national story. We noted how TABOR prevents lawmakers from adjusting the tax system at all, even if the changes were revenue neutral. Moreover, the state moved to a flat income tax in the 1980s, exacerbating inequality.

Read that article here.

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CFI quoted in AP story about income inequality

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Colorado among states with lowest unemployment rates, but recovery still elusive everywhere

CFI Analysis: Growth in median household income offset by pre-recession decrease

Latest Insights

Medicaid Work Requirements Harm Families and Strain Colorado’s Systems

TABOR + Tax Cuts = Recipe for Disaster

The Rent is Too Damn High

Sign Up for Our Newsletter

Your support makes it possible for CFI to provide information that policymakers, community leaders, and residents need to make the best decisions for themselves and their communities.