Taxes

Marijuana sales in Colorado reached $187,603,697 in January, the state's revenue department said this week.

Colorado business groups on Tuesday said the growing costs of new taxes, fees, and regulations are burdening the state's economic recovery.

As businesses and families look for ways to recover from the COVID-19 economic downturn, a favorable tax structure and fewer government regulations are bringing more of them to Oklahoma.

The oil industry's lobbying arm, the American Petroleum Institute, suggested in a new draft statement that it might support Congress putting a price on carbon emissions to combat climate change.

A New Mexico bill that would gradually raise the state's gasoline excise tax from 17 to 22 cents a gallon by 2025 is under consideration.

Oklahoma is working to ensure its Unemployment Insurance (UI) Trust Fund stays over a certain threshold to avoid tax increases on businesses after jobless claims surged throughout the state, creating payouts in 2020 that were more than the previous 10 years combined.

Oklahoma small businesses continue to navigate the economic downturn caused by the COVID-19 pandemic.

(The Center Square) - Colorado Gov. Jared Polis delivered his third State of the State address Wednesday, highlighting the state's efforts to provide pandemic relief and laying out a roadmap to economic recovery that includes more tax relief.

Polis' speech was delayed along with the 2021 legislative session, which initially lasted for three days in January before it temporarily adjourned until Tuesday, when the General Assembly reconvened.  

Legislators in Wyoming are considering a bill to impose an excise tax on solar energy produced in the state.

Marijuana sales in Colorado reached $186 million in December, the state Department of Revenue said Tuesday.