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‘The Big Money Show’ debates Colorado’s Initiative 195, which would replace the state’s 4.4% flat income tax with graduated rates reaching 8.4% for income above $1 million. #foxbusiness #bogmoneyshow
0:00 Colorado’s flat tax faces a major overhaul
0:52 Could high earners leave Colorado?
1:43 Aspen’s housing market takes a hit
2:42 ‘Soak the rich’ tax strategy faces scrutiny
2:59 Why lower tax rates could bring in more revenue
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