Colorado small business owners are expressing concern as the state legislature prepares for a special session. Michael Smith, State Director of the National Federation of Independent Business (NFIB) in Colorado, released a statement highlighting these worries.
“Colorado’s small business owners are apprehensive as state lawmakers prepare to convene for the special session. When the General Assembly concluded its regular session, small business owners were given more red-tape to navigate and a higher risk of litigation. Now, state lawmakers are considering more anti-small business proposals that will make it harder for our job creators to keep their doors open. For years, our state has given a small allowance to retailers for their time and effort to collect sales tax on behalf of the state. Small business owners wear many hats, but an unpaid tax collector should not be one of them.
“The regular session didn’t make it any easier to be a small business owner in Colorado. Let’s hope the special session doesn’t make it any worse.”
The NFIB’s comments come at a time when Colorado’s legislative actions have led to increased regulatory requirements and potential legal risks for local businesses. Retailers in the state have traditionally received some compensation for collecting sales taxes on behalf of the government, but there is concern that new proposals could further impact their operations.
