Denver Business Journal: Colorado execs plan growth but sour on business climate, impacts of Amendment 87, survey finds
“With one week until Election Day, voters should understand that Amendment 87’s impact extends well beyond personal income taxes,” said Loren Furman, president and CEO of the Colorado Chamber of Commerce, in a Monday release urging voters to oppose Amendment 87.
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Fox 21: Colorado in “K-Shaped” Economy
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Bloomberg: Tax-the-Rich Movement Arrives for $500,000 Earners in Colorado
“This is just one more thing that’s going to drive these businesses either to leave or just not come here,” said Loren Furman, the chief executive officer of Colorado Chamber of Commerce. She said businesses are frustrated by an increasing number of rules and regulations in the state over the last 10 to 15 years.
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9News: Lockheed Martin Expansion Aims to Help Colorado
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Arvada Press: Arvada-based Barber-Nichols earns spot on Coolest Thing Made in Colorado list
Loren Furman, president and CEO of the Colorado Chamber of Commerce, said the annual competition seeks to recognize the innovative work that Colorado manufacturers do across the state.
“Colorado manufacturers continue to push the boundaries of what’s possible, and this year’s finalists are a great example of the innovation happening across our state,” Furman said. “From technology supporting astronauts in space and first responders on the ground to advances in health care, robotics, aviation and outdoor recreation, these products showcase the rich diversity of Colorado manufacturing.”
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Vail Daily: Opinion | Garry: Amendment 87 goes too far in raising top marginal tax rate
Opponents of Amendment 87 worry that these significant tax increases would make Colorado less competitive with businesses. In a press release last month, the Colorado Chamber of Commerce detailed that tax competitiveness in Colorado has been eroding in recent years, and the state has been losing companies to other states. It said, “As Colorado works to reverse these trends and attract new investment, significant changes to our tax structure would present a competitive disadvantage.”
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Denver Business Journal: Amendment 87 lawsuit moves to Colorado Supreme Court as votes are already being cast
The Colorado Chamber of Commerce filed an amicus brief to the state supreme court in support of the challenge to Amendment 87.
“Colorado’s ballot initiative process depends on every party following the same laws and rules,” said Colorado Chamber President and CEO Loren Furman. “Those requirements protect the integrity of our elections and give voters confidence that measures appearing on the ballot have been qualified through a fair and lawful process. Failing to enforce those safeguards consistently undermines trust in the entire system.”
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