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Kelly SloanKelly SloanAugust 24, 20186min314

The war over the efficacy of tax reductions, like taxes themselves, is perennial, the neo-Keynesian opponents of tax relief proving stubbornly resistant to evidence. Colorado was chosen as the location for launching the inaugural salvo in the latest campaign to demonstrate to the doubters that, yes, it’s really true: allowing people to keep more of their own money is a good thing.


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Marianne GoodlandMarianne GoodlandJanuary 30, 20189min336
Senate Republicans Tuesday championed a bill on tax cuts that would spend down some of the estimated $1 billion revenue surplus expected by state economists in 2018-19. Senate President Kevin Grantham of Cañon City and his number two, Senate President Pro tem Jerry Sonnenberg of Sterling, are the sponsors of Senate Bill 61, which would […]

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Joey BunchJoey BunchJanuary 11, 20183min256
Tony Gagliardi, Colorado state director for the National Federation of Independent Business since 2005, knows Colorado Politics, so he’s a reliable source on what Gov. John Hickenlooper’s last State of the State address might sound like. The governor is term-limited after eight years, so now is the time for him to start penning his legacy […]

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Joey BunchJoey BunchDecember 13, 20173min670

Yeah, that’s good, but …

That was the reaction of the rarely satisfied Tony Gagliardi, Colorado state director for the National Federation of Independent Business, after his national organization released a report Tuesday heralding economic optimism of its members.

Just think of how happy they could be if the legislature would cut them some slack on sales and use taxes, he said.

“The numbers in this month’s Index of Small Business Optimism released today absolutely astound,” Gagliardi said in a statement. “The highest since 1983’s record and the second highest level in the Index’s 44-year history. One can only imagine how much faster this great economic news could accelerate here, if Colorado were to finally get a rein on its sales and use tax structure.”

The Colorado NFIB said the state has more than 700 taxing districts, “which has created a costly, confusing, needlessly time-consuming burden on small businesses, especially for the ones that don’t have the resources to pay someone solely to handle compliance.”

Last session the bipartisan House Bill 1216, created a legislative task force to work with the business community and tax experts to try to cut some of the red tape from tax collections.

The bill was sponsored by Reps. Lang Sias, R-Arvada, and Tracy Kraft-Tharp, D-Wheat Ridge, with Sens. Cheri Jahn, D-Wheat Ridge, and Tim Neville, R-Littleton.

“What we desperately need is a single application process for sales and use tax compliance in this state. Were that to happen,” Gagliardi said. “I have no doubt that today’s optimism could be sustained for a very long while.”

“The NFIB indicators clearly anticipate further upticks in economic growth for the fourth quarter,”Bill Dunkelberg, NFIB’s chief economist, stated. “This is a dramatically different picture than owners presented during the weak 2006-16 recovery.”

To read the full NFIB full monthly report, click here.


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Joey BunchJoey BunchNovember 8, 20173min572
Colorado business groups are asking Congress to delay reinstating a tax on insurers, which could be passed on to small businesses in higher insurance costs. Colorado Politics told you Friday about the Health Insurance Tax that business groups and insurance companies hoped would perish from the Affordable Care Act this year. The Obamacare assessment on […]

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Dan NjegomirDan NjegomirMay 11, 20175min332

…and the 2017 session’s grade is: B-

That’s the assessment of the National Federation of Independent Business in Colorado and its longtime state director, Tony Gagliardi. NFIB, which bills itself as the state’s largest and leading small-business association, is a pit bull in standing up for Colorado mom ‘n’ pops. It usually leans right but isn’t shy about challenging others in the GOP camp — especially industry groups backed by big business — on fiscal and other issues.

Gagliardi also doesn’t mince words meting out criticism as well as praise in an NFIB press release that announced the grade report after the legislature adjourned Wednesday. And Gagliardi makes clear that, while B- isn’t bad, things could have been better:

“It would have been the greatest session of all had the Legislature piggybacked on the great regulatory and tax reforms coming out of Washington, D.C., but given the politically divided makeup of the House and Senate about all that could have been expected did materialize on a few issues.”

More to the point, he says, the Democratic-majority House dropped the ball and “fell back on business as usual” when it could have embraced some high-profile as well some obscure initiatives from the Republican-run Senate that would have been a boon to small biz.

Notably? The Senate Republicans’ Senate Bill 1 — reintroduced as Senate Bill 276 after it was killed off in March by House Democrats — would have given small businesses a timeout from fines for minor regulatory infractions if they correct the problems for which they were cited. SB 276 was itself throttled by Democrats in the same House committee in the closing days of the legislature.

There also was Senate Bill 181, which would have reined in damages awards for medical bills in lawsuits and, NFIB maintains, would have helped curb the health-care cost spiral for small businesses.

On the other hand, Gagliardi lauds three accomplishments of the legislature that he says amount to good news for “the mom-and-pop enterprises lining the Main Streets of Colorado”:

  • Small businesses will now be allowed a statewide tax credit that will refund personal property taxes paid by businesses to local governments on the first $18,000 worth of equipment that they own. The amount of the current exemption is $7,300.
  • The creation of a sales and use tax simplification task force (House Bill 1216) to study streamlining collection and reimbursement between the state and local governments, and between the state and home rule jurisdictions. Colorado is in the top four states in the country known for having the most complicated and inefficient sales tax collection and remittance process. …
  • A measure (Senate Bill 112) clarifying the General Assembly’s intent when it enacted a dispute resolution process in 1985 to address a situation when a taxpayer paid sales and use tax to one local government when it should have instead paid that disputed amount to a different local government. A recent court case applied the statute of limitations to this dispute resolution process, resulting in the taxpayer having to pay the disputed amount twice to two different local governments.

 


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Dan NjegomirDan NjegomirApril 26, 20173min224
The National Federation of Independent Business in Colorado — the steadfast voice at the Capitol for the state’s small businesses — heaped praise this week on the Republican-run state Senate as well as our Democratic governor. Their praiseworthy deeds? Supporting legislation to ease the complicated and cumbersome burden of sales-tax compliance on the state’s mom […]

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Mike McKibbinMike McKibbinMarch 5, 20175min336

If you ride your bike along busy streets or even highways, you're probably aware of what "rolling coal" means. For those who don't, a bill before state lawmakers may not matter, but those who do are pretty excited. The Colorado Independent reported the legislation would impose a $100 traffic fine on motorists who change their vehicles, usually either with an alternate tailpipe or smokestack, to blast exhaust smoke at another driver, bicyclist, motorcyclist, pedestrian or other human target as they pass by.