Colorado has had a flat tax for both individual and corporate income for nearly 40 years. Currently, the rates are set at 4.4%. In November 2026, voters may be asked to decide whether to keep or discard th
The 2026–27 Long Bill is expected to pass with a provision, authored by the Office of the Governor, that would cancel $306.1 million in TABOR refunds over the next two budget cycles.
During Colorado’s August special session, lawmakers are considering five tax bills to close a new $1.2 billion budget gap.
In TABOR’s first year of effect (FY94), fee-based enterprises generated $742 million. By 2024, their revenue had increased by almost 3,400% to $25.8 billion while the state’s population growth plus inflatio