05/28/2026
Arguments that the wealthiest taxpayers will flee if a graduated income tax is enacted just don't hold water, according to this piece from the Center on Budget and Policy Priorities.
Colorado is among several states contemplating a graduated income tax in the wake of a federal megabill that paired food assistance and health care cuts with huge tax breaks for the wealthy. In Colorado, we have the added pressure of TABOR, which unreasonably restricts spending. Check out this CBPP piece for more details.
Most claims about interstate tax migration are grossly exaggerated. A robust body of evidence shows people are not primarily motivated to uproot their lives and leave their communities because of how much state tax they pay. These claims ignore the widespread benefits that fair revenue policies affo...