New Colorado sales tax
The Colorado government is looking for ways to raise money for road repairs and new transit projects. One idea that is gaining traction is adding a new Colorado sales tax. Supporters of this idea want to add another 0.7% to the state sales tax rate. This would bring the rate up from 2.9% to 3.6% .
The proposal wants to keep this sales tax increase for 10 years. This idea is still being debated but could be on the ballot for voters sometime in 2014.
Read more at The Denver Post
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