- Colorado has lowered state sales tax rates temporarily
- This is due to a large revenue surplus
- The reduction is part of a TABOR refund obligation
- Excess state revenues will be refunded through this temporary reduction in tax
Source: vitallaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
