Federal Budget & Taxes

taxesColorado receives large investments from the federal government that not only help the state provide services that benefit all Coloradans, but also fuel economic growth and jobs across the state.  Today, decisions made by Congress and the President matter more than ever.  CFI provides timely analyses of how federal tax and budget decisions affect Colorado and provides the tools that local advocates need to make a difference at the federal level.

 

Click Here for the Federal Budget Basics

What’s “Reconciliation”? What are entitlements? What the heck is “nondefense discretionary” spending? And where do all our federal taxes go? What’s the difference between the debt and the deficit? Answers to all these questions and more can be found in CFI’s “Federal Budget Basics, 2017.”

Federal Budget & Tax Reports

CFI Statement on White House Budget Proposal

February 15, 2018
  The following is a statement from CFI Executive Director Carol Hedges on White House budget proposal announced and what it means for Colorado: “Public investments help build and sustain the thriving communities in which we all want to live.… read more

Tax Cuts and Jobs Act Overview

February 7, 2018
Tax Cuts and Jobs Act  Webinar video and presentation slides   In December 2017 the president signed into law the Tax Cuts and Jobs Act, a bill that was praised as tax reform but is really just tax cuts for… read more

Effect of Federal Tax Law on Revenue for Colorado and Colorado Taxpayers

January 31, 2018
Summary Analysis  Institute on Taxation and Economic Policy   Federal tax legislation will reduce federal taxes paid by Coloradans, with 51% of the cuts going to the top 5% of taxpayers. Federal tax rules directly affect the amount of income… read more

How the House Tax Proposal Would Affect Colorado Residents’ Federal Taxes

November 7, 2017
On Thursday November 2nd the House Ways and Means Committee introduced the Tax Cuts and Jobs Act in the House of Representatives. It contained the same major flaws as prior GOP tax plans and frameworks. The House GOP tax plan… read more

Tax Breaks for Working Families Face Dire Cuts in President’s Proposed Budget

June 27, 2017
The federal EITC and CTC are facing major cuts in the president's proposed budget, which will have dire consequences for low- to moderate-income individuals and families, especially undocumented communities.
View all Federal Budget & Tax reports
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