As a long time Coloradan, I am proud to report that Colorado’s economy is one of the best in the nation. And it’s not just our economic health that makes Colorado great. It’s our potential for innovation – our ability to not only succeed at what’s been done but to trail-blaze our way into new and exciting industries. But with great innovation comes great risk.
Fortunately, the latest round of tax cuts encouraged our business owners and community members to take that risk. With more take-home pay and less red tape, starting that dream business or expanding an existing company became a real possibility – not just wishful thinking. Colorado even boasted the fourth-most start-up activity in the country this year.
That could all change if these tax cuts are left to expire – which is a real possibility. Luckily, it looks like extending these tax cuts will be the first issue on Congress’ agenda after their summer recess. For the future of our economy, let’s hope they make the right decision.
Libby Szabo, Jefferson County commissioner