THE EARNED INCOME TAX CREDIT IN COLORADO: The Numbers By Colorado State House District
Colorado’s earned income tax credit (EITC) is a contingent credit, available only in years when the state collects money that exceeds the TABOR revenue limit. While the state credit is 10 percent of the federal EITC and refundable, its financing mechanism is a fatal design flaw that means when the state experiences a budget crunch and revenues decline, struggling families lose an important tax break right when they need it the most.
Released June 5, 2007

