Mayor Michael B. Hancock and Councilwoman Robin Kniech are proposing the minimum wage hike. This is the result of new legislation, HB19-1210, which gives local governments the authority to set a citywide minimum wage greater than the state constitutional wage.
In recent election cycles, Colorado (and Denver) have consistently boasted some of the highest voter turnouts in the country. In the 2018 midterm election, the state was ranked at No.2, second only to Minnesota, with 61.9% of eligible voters casting a ballot.
Based on Reuters analysis of federal data, Denver ranked as one of the top twenty superstar cities in the U.S., but this might not be a good thing. Following the 2007-2009 recession, the spoils of growth have been divided as some cities thrive and others languish.
The Remote Rural Work Program kicked off in July to provide additional tax incentives to companies bringing 20 new jobs to the state and hiring at least one remote worker. The aim is to help disperse job-growth prosperity into rural areas.
Last week, the Colorado Business Roundtable brought together industry stakeholders to discuss the issues surrounding outdoor recreation. The panel discussion included members from the Outdoor Industry Association, Colorado’s Office of Economic Development and International Trade, the Western Governor’s Alliance and the Western Energy Alliance — all of which call Colorado home.
The reason the Federal Reserve is so effective and powerful is because of its political independence. The markets react to what the chair of the Federal Reserve says and in past crises, the Fed’s actions have provided a calming influence when markets panicked.
Nearly 550,000 immigrants – or 10% of the state population – call Colorado home. They pay nearly $4.2 billion in local, state and federal taxes and hold nearly $13 billion in spending power.
On May 10, trade tensions between the United States and China escalated with the U.S. raising tariffs from 10% to 25% on $200 billion worth of Chinese goods.
The city is moving to re-brand itself as the renewable energy hub of not just Colorado, but more grandly yet, the southwestern United States, as big money slides into the effort to decarbonize the economy
In economics, theories have evolved, debates are robust, and data is far more accessible. But virtually all aspects still focus on a growth paradigm. Growth in total output, growth in jobs and growth in incomes.
With climate change dominating the political agenda of many, both in the Colorado legislature and at the national level, the specter of a tax on energy has re-emerged.
The new law recognizes the potential for abuse of the judicial process in an effort to chill free speech. And it provides a path forward for Colorado defendants to protect themselves from such abuses.