Forum

Notifications
Clear all

Residential property taxes vs. Commercial  


RockyMountainHi
Posts: 3
(@rockymountainhi)
New Member
Joined: 1 month ago

If Residential property taxes are frozen (currently at 7.2%), what would happen if, as a solution, we froze business property taxes at a similar 7.2%? Would the jobs it created and the companies it brought into Colorado offset the tax losses?

Topic Tags
1 Reply
Bryon Taylor
Posts: 1
(@bryon-taylor)
New Member
Joined: 1 month ago

One problem with that approach, how long does it take for companies to start moving to Colorado to offset that loss. Currently business property taxes are disperate all across the state, some areas paying nearly 50% on their assessment if I'm not mistaken.

Reply
Share:
Join the Conversation

Join the Conversation

Learn more about Colorado fiscal policy and join the conversation as we discuss how to Build a Better Colorado!

You have Successfully Subscribed!

Share This