Sep 01, 2023
Colorado U.S. Senator Michael Bennet, the chair of the U.S. Senate Finance Committee’s Subcommittee on Taxation and IRS Oversight, alongside Colorado U.S. Representative Joe Neguse led a letter urging the Internal Revenue System (IRS) to not tax Colorado Taxpayer’s Bill of Rights (TABOR) refunds — as has been precedent for the past thirty years. The lawmakers’ letter follows a recent IRS policy proposal that would force Coloradans to pay taxes on future TABOR refunds. Colorado U.S. Senator John Hickenlooper and Colorado U.S. Representatives Diana DeGette, Jason Crow, Yadira Caraveo, Brittany Pettersen, Ken Buck, and Doug Lamborn co-signed this letter.