3min chapter

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176: The power and potential of E-bike subsidies with Grace Rink - Chief Climate Officer of Denver City

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CHAPTER

The Importance of a Sales Tax in Colorado

In Colorado, no unit of government can raise taxes on its own. All taxes must be voted on by the people. The tax passed and that meant that in starting January 1st of 2021, we were now collecting those dollars. It was estimated to raise $40 million a year for our office. In that first year, it raised $41.3 million. We actually don't have the final figures for 2022 yet, but we think it's at least $45 million.

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