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Boulder, CO considers more equitable climate and utility occupation taxes targeting businesses

Boulder, CO equitable climate and utility occupation taxes

Ideación

The City of Boulder is considering replacing climate and utility occupation taxes with a new single tax that combines electricity and gas bills. If approved, the new tax would supply the city's climate initiatives with $5 million in funding annually. Climate staffers used the city's six-step Racial Equity Instrument to determine a rebate mechanism for qualifying low-income residents was needed and that the tax should focus primarily on commercial and industrial businesses.

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