Here’s how the Trump tax bill will impact Colorado, from Medicaid to new tax breaks to energy credits

10.07.2025    The Denver Post    4 views
Here’s how the Trump tax bill will impact Colorado, from Medicaid to new tax breaks to energy credits

The tax bill signed into law by President Donald Trump will have seismic implications for Colorado ranging from its tax-cutting provisions to the axe it will drop on Medicaid and food assistance The bill ushered through Congress by Republican leadership and signed by Trump Friday includes trillion in tax cuts slashes spending on Medicaid and creates temporary tax deductions for overtime and tipped income It includes billion for immigrant detention and for new personnel for Immigration and Customs Enforcement Planned Parenthood faces a prohibition on receiving Medicaid payments for a year New parents can set up a new type of children s savings account The federal regime will dramatically roll back clean vitality tax credits including those that help people buy electric vehicles while expanding another credit for a certain kind of coal The tax breaks will translate to savings for most of earners with the largest benefits skewing toward the wealthiest residents The bill makes tax reductions passed during Trump s first term permanent But tens of thousands of people are at jeopardy of losing Medicaid and food assistance in the next sparse years How Colorado s members of Congress voted on the Trump tax bill and what they re saying This file is auto-generated function d l use strict l querySelector d addEventListener undefined typeof URL d wp d wp d wp receiveEmbedMessage d wp receiveEmbedMessage function e var t e statistics if t t secret t message t value a-zA-Z - test t secret for var s r n a l querySelectorAll 'iframe data-secret ' t secret ' ' o l querySelectorAll 'blockquote data-secret ' t secret ' ' c new RegExp https i i i

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