Get all your news in one place.
100's of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
National
Sophie Quinton

Your check's in the mail: States give tax refunds to cushion inflation

DENVER — This month, Colorado taxpayers began receiving refunds from the state government. Joint filers got $1,500, and single filers got $750. Enclosed was a letter from Democratic Gov. Jared Polis, who noted that the checks — required under the state constitution — were being mailed ahead of schedule, due to a law passed this session, to help people cope with rising prices.

“At a time when inflation is causing increases in the cost of everyday items, we are committed to getting this money to you as quickly as possible,” Polis wrote.

Taxpayers in over a dozen states are getting refunds this year, as both Republican and Democratic state leaders seek to spend down budget surpluses and help residents cope with inflation. Although some of the refunds are required by decades-old laws that limit the growth of state spending, as in Colorado, governors are still touting those refunds as inflation relief.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.