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Published November 9, 2026 12:06pm
A national organization representing small businesses is expressing concerns about what Colorado’s recently passed graduated income tax structure might mean for independent business owners.
The National Federation of Independent Business issued a statement on Nov. 6, calling the passage of Amendment 87 “disappointing for Colorado’s small business owners and taxpayers.”
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“When taxes go up, small business owners face tough choices: raise prices for their customers, reduce employees’ hours, stop hiring, or cut jobs completely,” said Michael Smith, director of the National Federation of Independent Business. “Colorado has already become the 4th most expensive state in the country to live in.…
