TABOR check

[ray1970]

So, it appears people who live in Wyoming but are employed in Colorado and pay Colorado state income taxes won?t be getting the checks because they are not residents of Colorado?

So, basically, only people who are eligible to vote in the upcoming election are being given ?free? money from the generous governor?

That doesn?t seem sketchy at all.

[OctopusHighball]

Got mine on Saturday, finally.

[funkymonkey1111]

So, it appears people who live in Wyoming but are employed in Colorado and pay Colorado state income taxes won?t be getting the checks because they are not residents of Colorado?

So, basically, only people who are eligible to vote in the upcoming election are being given ?free? money from the generous governor?

That doesn?t seem sketchy at all.

the letter in the first post clearly says "resident." Whether one agrees with the payout or not, why would Colorado give $$ to non-residents?

[Eric P]

So, it appears people who live in Wyoming but are employed in Colorado and pay Colorado state income taxes won?t be getting the checks because they are not residents of Colorado?

So, basically, only people who are eligible to vote in the upcoming election are being given ?free? money from the generous governor?

That doesn?t seem sketchy at all.

Does TABOR say refunds to residents or tax payers? I believe it says residents.

[ray1970]

Could just substitute the word resident for voter I suppose.

Not that I believe everything in life should be fair but but why shouldn?t everyone who paid state taxes get their cut of the refund?

[fitz19d]

So think they'll try to screw me even though I just moved and paid taxes for the last decade plus...

[buffalobo]

Could just substitute the word resident for voter I suppose.

Not that I believe everything in life should be fair but but why shouldn?t everyone who paid state taxes get their cut of the refund?

This^^^.

[eddiememphis]

https://tax.colorado.gov/cash-back

"To receive Colorado Cash Back, an individual must meet the following criteria:

Be at least 18 years of age on or before December 31, 2021;
Be a Colorado resident for the entire 2021 income tax year;
And file a state income tax return for the 2021 income tax year or apply for a Property Tax/Rent/Heat Credit (PTC) Rebate.
Anyone moving to Colorado in 2022 is not eligible for this refund mechanism."

Non resident don't get paid for several reasons but the biggest would be accounting. If everyone that paid income tax in Colorado gets a check and the current $2 million in expenditures to write and send would end up costing more than the surplus amount.

Kevin Durant plays for the Nets. They play in Denver once per year. He makes around $500k per game. Does he get a check? The guitar player in a band that does a week in Telluride? Hillary Clinton for one speech in Aspen?

There has to be limits.

[ray1970]

Kevin Durant plays for the Nets. They play in Denver once per year. He makes around $500k per game. Does he get a check? The guitar player in a band that does a week in Telluride? Hillary Clinton for one speech in Aspen?

The people that I was referring to are non-residents who work full time 40+ hour jobs day in and day out throughout the year. They pay thousands of dollars in state taxes to Colorado every year but when there is a surplus then they just get a big middle finger from the state.

[Little Dutch]

https://tax.colorado.gov/cash-back

"To receive Colorado Cash Back, an individual must meet the following criteria:

Be at least 18 years of age on or before December 31, 2021;
Be a Colorado resident for the entire 2021 income tax year;
And file a state income tax return for the 2021 income tax year or apply for a Property Tax/Rent/Heat Credit (PTC) Rebate.
Anyone moving to Colorado in 2022 is not eligible for this refund mechanism."

Non resident don't get paid for several reasons but the biggest would be accounting. If everyone that paid income tax in Colorado gets a check and the current $2 million in expenditures to write and send would end up costing more than the surplus amount.

Kevin Durant plays for the Nets. They play in Denver once per year. He makes around $500k per game. Does he get a check? The guitar player in a band that does a week in Telluride? Hillary Clinton for one speech in Aspen?

There has to be limits.

According to the Colorado Department of Revenue the early TABOR refund (the "Colorado Cash Back") is for resident voters only, while TABOR itself simplify specifies taxpayers.

https://tax.colorado.gov/TABOR