![]() That changed in 1987 when a flat tax was instituted by the state legislature, taxing all income at the same rate. While Colorado’s rates shifted throughout the years, it was always a progressive system in which the wealthy paid a higher percentage of their income than those at the lower end of the income ladder. Colorado had a progressive - or “graduated” - income tax for decades. With conversations about taxing upper-income individuals heating up across the country, many people are surprised to learn a progressive income tax system isn’t even an option in Colorado. Most states use a progressive income tax system, where tax rates increase along with one’s level of income. One key area to consider is distribution of income taxes. It’s important to understand how they are structured and what they say about the priorities and values of the gov ernment putting them in place.
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