In Depth: How sales taxes affect your pocketbook in Colorado

Denver7's Shannon Ogden takes a deeper look at sales taxes in Colorado and how things like TABOR put the state in a unique situation compared to others when it comes to levying and collecting taxes.

Lone Tree.

City officialsonly bear about 5% of thebecause 95% of visitors todon't live in Lone Tree.

YPark Meadows Mall for mostwe're going in depth on mustarting with a look at hoaffected.

Local governmentwhich parts of the state htaxes And look at the impaon the budgets of local gothan 31% less in sales tax2019.

The city projects anthis year.

Now that assumewill continue.

We won't serestrictions because of thit comes to how much saleswhen making a purchase.

ItThe state collects a 2.9%Local governments allowed8.3%, but most don't go neaverage among the 224 locais about 3.3%.

Highest salcan be found in Winter Parmaximum 8.3% according toInstitute.

One of the mostfor local budgets in Colorsay the law complicates cia consistent level of servmore expensive.

Lone treesCity council in 2008, it cplace a traffic light.

Nowabout three quarters of a51 out of colorado, 64 couof 274 local municipalitiekeeping the revenue abovetaxes or creating new taxbudgets.

Researchers suggetax limitations, adjustingeconomic recovery and incrThat can all help ensure lhave the funds to whethercrises.

A lot of local govadvent of online shoppingwoes, But Pennsylvania maystates considering addingpackage delivered by Amazothat state in 2020.

So witor are you all in on Tabor