taxation

Tax reform: It’s not just for IBM

Many small-business owners across Durango are mulling just what the sweeping federal tax reform President Donald Trump signed into law at the twilight of 2017 means for them in 2018 and beyond....

DATE: Jan. 28, 2018 | CATEGORY: Business

Colorado Republicans tout tax plan headed to president’s desk

WASHINGTON – Colorado Republicans were united in passing the tax reform plan that has been making its way through Congress since November. Sen. Cory Gardner, R-Colo., and Rep. Scott Tipton,...

DATE: Dec. 20, 2017 | CATEGORY: Local News

8.8 million Americans face big tax hike if Republicans scrap the medical deduction

Anne Hammer is one of millions of elderly Americans who could face a substantial tax hike in 2018 depending on the final negotiations over the Republican tax bill. In her retirement community in...

DATE: Dec. 10, 2017 | CATEGORY: Nation & World

Sen. Bennet says Senate Republicans’ tax plan ‘fundamentally flawed’

WASHINGTON – Sen. Michael Bennet sharply criticized Senate Republicans’ proposed tax bill for catering to the wealthy and shortchanging the middle class. Bennet, D-Colo., fielded questions during a...

DATE: Nov. 28, 2017 | CATEGORY: Local News

FLC professor: Tax plan’s hit to graduate students could harm economy

WASHINGTON – A Fort Lewis College professor says the proposed Republican tax overhaul plan that includes changes to tax deductions for graduate students could have long-term harm to the economy...

DATE: Nov. 22, 2017 | CATEGORY: Local News

Rep. Scott Tipton touts job-generating power of GOP tax plan

WASHINGTON – U.S. Rep. Scott Tipton expects the Republican plan to reform and cut taxes will add more than 17,000 jobs to Colorado’s economy if it is adopted. In a statement to The Durango Herald,...

DATE: Nov. 9, 2017 | CATEGORY: Nation & World

Senate GOP tax bill would delay biz cut, undo deductions

WASHINGTON – Senate Republicans revealed the details of their sweeping tax legislation Thursday, including a one-year delay in plans for a major corporate tax cut despite strident opposition from...

DATE: Nov. 9, 2017 | CATEGORY: Nation & World

Lawmakers bicker over whether tax bill helps middle class

WASHINGTON – House Republicans and Democrats bickered heatedly Monday over whether the GOP tax bill truly helps the middle class, as the Ways and Means Committee kicked off a marathon session to...

DATE: Nov. 6, 2017 | CATEGORY: Nation & World

Second phase of Lumien Apartments in Durango will start next year

The second phase of the Lumien Apartments on 32nd Street in Durango will be built next year, helping fill a gap for affordable housing. Construction on the 36-unit building is expected to start in...

DATE: Nov. 3, 2017 | CATEGORY: Local News

Colorado senators seek tax incentives for clean-energy projects

Clean-energy projects will gain access to tax incentives currently reserved for fossil-fuel industries if a bipartisan bill makes it through Congress. Sens. Cory Gardner, R-Colo., and Michael...

DATE: Nov. 3, 2017 | CATEGORY: Local News

House GOP’s evolving tax bill leaves retirement plan intact

WASHINGTON – House Republicans would leave intact current tax rules on retirement accounts popular with middle class Americans and maintain a top income tax rate for million-dollar earners as...

DATE: Nov. 1, 2017 | CATEGORY: Nation & World