Letter to the editor: End loopholes for ultra-rich

Posted 5/25/21

End loopholes for ultra-rich No matter what we look like, where we come from, or how we make a living, most of us do our best to care for our families and communities. But today a handful of …

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Letter to the editor: End loopholes for ultra-rich

Posted

End loopholes for ultra-rich

No matter what we look like, where we come from, or how we make a living, most of us do our best to care for our families and communities. But today a handful of corporations undermine all of us by taking advantage of tax loopholes and refusing to contribute what they owe. These corporations and the ultra-rich continue to hoard their wealth while many working people are underpaid, and small businesses struggle to recover from the pandemic.

It’s important to center policies around the families, working people, and small business owners who are the backbone of our healthy, thriving communities. Colorado legislators are currently considering a package of legislation designed to make our tax code fairer by closing loopholes that benefit only a small number of wealthy people and big corporations. HB21-1311 and HB21-1312 will expand the Earned Income Tax Credit (EITC), fund a statewide Child Tax Credit (CTC), support small businesses, and ensure the ultra-wealthy contribute what they owe.

When we go all in for all of us, we can make Colorado a place we’re proud to call home with world-class community services, thriving families, and flourishing small businesses. Let’s choose Coloradans over corporations: contact your legislators and tell them to support HB21-1311 and HB21-1312.

John Paul Marosy

Littleton

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