Colorado U.S. Senators Michael Bennet and John Hickenlooper joined U.S. Senators Elizabeth Warren (D-Mass.) and Angus King (I-Maine) along with 17 of their Senate colleagues in urging newly confirmed Internal Revenue Service (IRS) Commissioner Daniel Werfel and Treasury Secretary Janet Yellen to ensure that new enforcement funds provided in the Inflation Reduction Act will focus on reducing tax avoidance by large corporations and the mega-rich and to address inequities in the IRS’ auditing processes and responsiveness to taxpayers.

Colorado U.S. Senator Michael Bennet joined U.S. Senator Brian Schatz (D-Hawaii) alongside 18 of their Senate colleagues in reintroducing legislation to protect Americans’ personal data online. The Data Care Act would require websites, apps, and other online providers to take responsible steps to safeguard personal information and stop the misuse of users’ data.

Colorado U.S. Senator Michael Bennet joined U.S. Senator Bernie Sanders (I-Vt.) and bipartisan House and Senate Members to introduce the Richard L. Trumka Protecting the Right to Organize (PRO) Act, a comprehensive proposal to protect workers’ right to come together and bargain for higher wages, better benefits, and safer workplaces.

Colorado U.S. Senators Michael Bennet, a member of the U.S. Senate Finance Committee, and John Hickenlooper joined their colleagues in a Senate resolution opposing Republicans’ plan to implement a national sales tax that would increase prices on all goods and services by 30 percent.

Colorado U.S. Senator Michael Bennet, the new chair of the U.S. Senate Finance Committee’s Subcommittee on Taxation and Internal Revenue Service (IRS) Oversight, and U.S. House of Representatives Democratic Whip Katherine Clark (D-Mass.) called on the IRS to improve outreach promoting awareness of the Employer-Provided Child Care Credit.

Today, Colorado U.S. Senator Michael Bennet, the new chair of the U.S. Senate Finance Committee’s Subcommittee on Taxation and IRS Oversight, released the following statement after the Internal Revenue Service (IRS) announced its decision not to tax Colorado Taxpayer’s Bill of Rights (TABOR) payments in 2022:

Today, Colorado U.S. Senator Michael Bennet joined Colorado U.S. Representative Joe Neguse and the entire Colorado congressional delegation in calling on the Internal Revenue Service (IRS) to continue treating Colorado Taxpayer’s Bill of Rights (TABOR) revenue payments as nontaxable income – as has been precedent for the past thirty years.

Today, Colorado U.S. Senator Michael Bennet, the new chair of the Senate Finance Committee’s Subcommittee on Taxation and IRS Oversight, released the following statement after his call with acting Internal Revenue Service (IRS) Commissioner Douglas O’Donnell:

Colorado U.S. Senator Michael Bennet joined U.S. Senators Mark Warner (D-Va.) and Jerry Moran (R-Kan.) in reintroducing the Broadband Grant Tax Treatment Act (BGTTA) — legislation that would amend the Internal Revenue Code to ensure that funding for broadband deployment from the Bipartisan Infrastructure Law (BIL) and the American Rescue Plan (ARP) will not be considered taxable income.

On Sunday, Colorado U.S. Senator Michael Bennet delivered the keynote address at Silicon Flatirons, Colorado Law’s flagship conference in Boulder, Colorado. In his remarks, Bennet described the vast and unchecked power of Big Tech over American democracy and society and called for reasserting the public interest through common-sense rules and oversight.