Business taxes climb $1.7bil.

Businesses in Colorado were billed $1.7 billion in increased property taxes since 1987, as the combined impact of two key tax amendments produced a surprise double-whammy for corporate checkbooks and government and school-district budgets.
In Larimer and Weld counties in 1994 alone, businesses had to pay an additional $25.9 million in increased property taxes over what they would have paid before the property-tax reapportionment.
The corporate tax tab represents a direct shift in who pays the lion’s share of running government and schools in Colorado, with residential property taxpayers enjoying a tax cut of exactly the same amount.
“It’s a…