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Jared Polis: “We were able to get an income tax cut through the Colorado…”

Featuring: Jared Polis, Democratic | Governor of Colorado

Press Conference - End of the 2024 Legislative Session

Published May 9, 2024 | Video Starts at 06:34

… our economic growth and fill jobs that we know are open today in the private sector. On taxes, I'm proud to say that after working on it for six years, We were able to get an income tax cut through the Colorado State Legislature. But there's a lot more to it than that. We also got historic $1.3 billion in property tax cuts. (06:34–06:40)

CLAIM

Asserts that an income tax cut was passed through the Colorado State Legislature.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Jared Polis

“Today, we are making community college free for every Colorado family earning under $90,000 a year.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 05:39-05:47
“We also got historic $1.3 billion in property tax cuts.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 06:41-06:47
“Auto theft is down 30% year over year.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 08:52-08:56
“We have been identified as one of only two Tier 2 rail corridors in the country [pursuing Crissy grants].”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 51:30-51:40
“Coloradans across our state will have the freedom to build an accessory dwelling unit on their own property.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 02:56-03:02
“We're providing historic investments in the form of tax credits to further spur housing opportunities.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 03:11-03:33
“We're expanding housing near transit and near job centers, getting rid of unfair occupancy limits, eliminating unnecessary parking…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 03:12-03:22
“95% of Coloradans, all political parties, all backgrounds, all parts of our state, agree that the cost of housing is too high.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 03:36-03:45
“We're delivering on the promise thanks to Senator Fenberg's leadership of Front Range Passenger Rail, including the long overdue Northern…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 04:13-04:23
“We're fully funding our schools for the first time in 14 years.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 05:05-05:09
“We're updating the school finance formula in major ways for the first time in 30 years.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 05:25-05:30
“We also created a permanent mechanism to replace Gallagher to keep property taxes low over time.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 06:50-06:56
“This absolutely significantly reduces property taxes compared to current law for next year.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 07:02-07:08
“We're providing in addition to the real property tax relief, we have the earned income tax credit supporting working families, the child tax…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 08:15-08:31
“On public safety, we're doubling down on our data driven approach to how we can make Colorado one of the ten safest states.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 08:39-08:46
“The bipartisan budget I signed includes 8 million for auto theft prevention.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 08:47-08:51
“We're investing in clean air and protecting certainty in our state by bringing people together who often don't see eye to eye to find…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 09:15-09:27
“Reducing pollution and investing in low emission transit options that make life in Colorado more convenient and more affordable.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 09:31-09:41
“Tax credits had to be whittled down significantly from $1.3 million to under $200 million.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 30:24-30:37
“There needed to be income tax cuts and ideally sales tax cuts.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 31:04-31:09
“The TABOR benefits were not taxed.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 31:21-31:23
“This will make Colorado more affordable rather than less affordable over the next few years.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 32:32-32:38
“Living in Colorado is more affordable, more sustainable and more livable over the next few years rather than less.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 33:09-33:17
“The cost of housing in Colorado is a major statewide issue of concern.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 34:53-34:58
“The answer is to look at this in a cohesive way across different regions and really come up with a state plan for how people can afford to…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 35:04-35:13
“The people of our state have the ability to petition initiatives onto the ballot, and so that's nothing new in our state.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 39:29-39:37
“I'm supportive of the right to citizens initiative.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 39:38-39:43
“In the state of Colorado. I know there are several referred initiatives. There are several others that either are or have gathered…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 39:48-39:55
“Look at, for instance, our successful implementation of paid family leave that came through the citizens initiative process.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 41:59-42:08
“We have paid family leave in the state and the voters collected signatures and put it there.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 42:23-42:29
“Funding schools at the level that was promised to the voters in Amendment 23.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 47:42-47:45
“Fully fund schools. This is a reference to ending the budget stabilization factor, the money that was owed to schools.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 47:43-47:45
“Nearly all of the federal grants around rail and transit require a state match and we simply didn't have that.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 50:42-50:50
“Congress has already appropriated much of the money [for rail transit] and it's not a question of if there will be rail transit in the…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 51:20-51:30
“This really sets up our corridor as one of those top tier corridors in the entire country that is rail ready for additional federal funding.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 51:30-51:40
“The value of ownership as opposed to rental is a key one for wealth building.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 54:35-54:39
“The success and operational excellence of RTD is an essential part of transit and transit oriented communities working in their coverage…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 55:06-55:18
“We are thrilled that there are other successful transit agencies across the state, including our newly formed Eagle County Transit District…”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 55:18-55:29
“Housing challenges are statewide. Denver metro area, $600,000 average home cost. Colorado Springs metro area is about 510,000.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 56:07-56:21
“Mountain rail includes commuter rail, Craig to Steamboat, which is a solution around housing opportunities.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 57:31-57:43
“We need more housing now and better transit across the state. Absolutely. Including our mountain communities, including rural Colorado.”
Press Conference - End of the 2024 Legislative Session | Uploaded May 9, 2024 | 1:00:09-1:00:18