Commission starts work on untangling Colorado government’s financial mess PDF Print E-mail

(Denver Business Journal, July 8, 2009)

Colorado would have to raise its state sales tax 45 percent if that source were to be used to close the budget shortfall that is predicted for the 2010-11 fiscal year, a former director of the non-partisan Legislative Council said Wednesday.

With that statement, Charlie Brown, now director of the Center for Colorado’s Economic Future at the University of Denver, put into perspective the enormous task facing the Fiscal Stability Commission during its first meeting.\

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