Colorado Considers Progressive Income Tax Amendment to Fund Public Services
Enmienda 87, una propuesta de impuesto progresivo sobre la renta, está siendo discutida en Colorado. Esta enmienda busca recaudar aproximadamente $2 mil millones anuales para servicios públicos, incrementando los impuestos para quienes ganan más de $500,000 al año, mientras que…
Denver, CO, October 9, 2026 — A progressive income tax proposal, known as Enmienda 87, is under discussion in Colorado. This amendment aims to generate an estimated $2 billion annually for public services by adjusting income tax rates.
Under the proposed Enmienda 87, the tax structure would be altered to increase the tax burden on high-earning individuals and businesses. Specifically, the measure targets those with annual incomes exceeding $500,000, proposing an increase in their income tax rates.
Conversely, the amendment includes provisions designed to lower tax obligations for those earning below the $500,000 threshold. This includes both individuals and businesses operating within the state.
The primary objective stated for this proposed tax reform is to secure approximately $2 billion in annual revenue. These funds are earmarked for the enhancement and support of public services across Colorado. The specific public services that would benefit from this additional funding were not detailed in the provided summary information. The proponents or originators of Enmienda 87 were also not specified.
The discussion around Enmienda 87 indicates a legislative or public debate phase regarding its potential implementation. Further details regarding the timeline for discussion, voting, or potential enactment were not provided.
Story summarized from the original created by Brian Eason on coloradosun.com, see more information here.
