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Boebert Hails ‘Tyrannical’ IRS Decision Reversal As Colorado Taxpayers Spared from TABOR Refund Taxes

Representative Lauren Boebert is lauding a significant triumph in her battle against the Internal Revenue Service (IRS), which had proposed taxing Colorado taxpayers on their state refunds this season. The IRS has now reversed its stance, sparing Coloradans from what Boebert called the “tyrannical” imposition of federal income taxes on their state refunds.

IRS Abandons TABOR Refund Taxation

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The IRS has announced that taxpayers in Colorado will not face federal income taxes on their state refunds, marking a reversal of its previous position.

Boebert’s Celebration

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Representative Lauren Boebert is celebrating the decision as a “major victory” for Colorado taxpayers and the principles upheld by the Taxpayer’s Bill of Rights (TABOR).

The IRS’s Initial Position

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Initially, the IRS had indicated that state refunds issued under TABOR could potentially be subject to income tax, prompting concerns and outrage among Colorado’s congressional delegation.

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TABOR and Its Significance

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The Taxpayer’s Bill of Rights (TABOR) is a voter-passed amendment to Colorado’s state Constitution that was enacted three decades ago. It imposes a cap on the amount of tax revenue that the state can retain and mandates that any excess revenue be returned to taxpayers.

Record Refunds Under TABOR

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The cap set by TABOR, which takes into account population growth and inflation, has led to substantial refunds for Coloradans in recent years.

Record Funds in 2022

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In 2022, these refunds reached nearly $3 billion, with individual taxpayers receiving $750 and joint filers $1,500. This year, taxpayers can anticipate another record refund, with each receiving $800 from the state’s surplus revenue.

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Boebert’s Persistent Advocacy

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Over the past year, Representative Boebert has been actively engaged in opposing the IRS’s attempt to tax TABOR refunds, sending three letters to the agency advocating for Colorado taxpayers.

Boebert’s September Letter to IRS Commissioner

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In a letter dated September 5, Boebert urged IRS Commissioner Daniel Werfel to uphold the well-established precedent of excluding TABOR refunds from taxation. She emphasized the need to prevent confusion and the imposition of an unprecedented tax burden on Colorado taxpayers.

Bipartisan Support from the Colorado Delegation

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Boebert was not alone in her efforts; she joined two bipartisan letters from Colorado’s congressional delegation, all urging the IRS to refrain from taxing state refunds while reviewing state payments made during the pandemic. They emphasized that TABOR refunds had been in place long before the pandemic and that Coloradans should not be penalized.

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Concerns Over Late Announcement

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In a letter dated February 10, 10 Colorado lawmakers expressed their concerns about a late announcement during tax season, potentially causing undue stress for Coloradans preparing to file their taxes. They stressed that the new rules introduced close to the filing deadline, which could result in significant financial burdens for taxpayers, were unwarranted and unfair.

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