Elizabeth Ramey, representing Legislative Council Staff, presented to the committee on tax expenditures in Colorado's state budget.
A copy of Dr. Ramey's presentation can be found here: https://leg.colorado.gov/sites/default/files/images/committees/2017/lcs_...
Dr. Ramey's presentation covered the following topics:
- how tax expenditures impact the state's General Fund revenue and how these impacts depend on the state's TABOR situation; and
- estimates of the amount of revenue that is lost in the state due to various types of tax expenditures.
Throughout her presentation, Dr. Ramey responded to questions from the committee regarding the data available on individual income tax forms.