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Organizations dedicated to shrinking government are pushing for the adoption of TABORs in other states. Currently, Colorado is the only state with TABOR. In 2005, TABOR proposals were introduced in about half of the states. [21] A TABOR referendum on the ballot in Maine as an initiative effort led by Mary Adams was defeated in November 2006 ...
Colorado taxpayers are slated to get $750 each by the end of the month from a multi-billion dollar state budget surplus last year. TABOR refund checks are in the mail. Here's how a Pueblo ...
Watch your mailboxes, Colorado, because the state has already started the process of printing and mailing out 2.4 million checks to Colorado residents as part of TABOR refund program.
TIGTA’s review of tax providers offering early refund products found that one provider charged almost 36% on refund anticipation loans issued from November 1, 2023, to December 31, 2023, with a ...
the proposal appeared on the ballot as follows: [2] shall the state reduce property taxes for homes and businesses, including expanding property tax relief for seniors, and backfill counties, water districts, fire districts, ambulance and hospital districts, and other local governments and fund school districts by using a portion of the state surplus up to the proposition hh cap as defined in ...
[18] [19] In 1997, TABOR's restrictions on state spending were triggered for the first time, resulting in refunds to taxpayers. [20] During these campaigns, Bruce was the primary spokesperson for TABOR, often trading barbs with TABOR opponent and Colorado governor Roy Romer.
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For claiming a refund one has to file the income tax return within a specified period. However, under Sections 237 and 119(2)(b) of the Income Tax Act, the Chief Commissioner or Commissioner of Income Tax are empowered to condone a delay in the claim of a refund. [15] Provisions of refund of duty exists in indirect taxation.