Brewing up unfair tax cuts | AspenTimes.com
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Brewing up unfair tax cuts

Aspen Times writer

Dear Editor:While state politicians blame our budget woes on Amendment 23 and the Taxpayer’s Bill of Rights, it’s ironic that a U.S. Senate race is shining new light on recent state tax cuts.Senate candidate Pete Coors has seen state taxes for the family brewery go from $13.8 million for 2001 to a measly $264,000 for 2003, all while brewing up about a quarter-billion in annual profits! And this ain’t no baby food factory, folks.Citing the lack of a budget surplus for 2002 the state Legislature eliminated 13 tax credits aimed at Colorado families. Among them the sales tax credit, the earned income and child tax credits, the health plan and family home care credits, just to name a few. That’s hundreds, possibly thousands, more in taxes for a Colorado family, but a $13.5 million tax break for a wealthy brewery.Are you listening, Colorado voters?Dan HayesArvada


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