Colorado Business Comes up with Solution to Budget Shortfall.

[donco6]

State budget: Battles brew on ending Colorado tax breaks
Posted: 01/27/2010 2:00 AM
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As lawmakers consider eliminating a host of tax breaks for corporations, a key business group in Colorado has floated an idea that has raised eyebrows at the Capitol:

Removing the sales-tax exemption on groceries.

The idea comes as lobbyists, business organizations and sometimes officials and employees with companies themselves have implored lawmakers not to eliminate tax breaks they say are critical to businesses.

http://www.denverpost.com/ci_14274886

So, instead of cutting the tax breaks the businesses enjoy, such as sales-tax exclusions on energy, extensions on filing for operating losses, tax-exemptions for downloaded software, and enterprise zone property tax credits - NO! LET'S TAX GROCERIES!

Fucking greedy asshole bastards.

On edit fixed link

[blondeatlast]

1. "Key business group"=fast food franchises, yes?

:banghead:

[donco6]

2. Ha! I'm sure they're in there.

The thing is, for every tax break NOT rescinded, more will be cut from K-12. So this is shaping up for a battle between education and business. Wonder who'll win THAT?