Colorado

Oct 15, 2010 8:20 AM by Associated Press

Colorado gubernatorial hopefuls favor tax exemptions

Colorado's top three gubernatorial candidates tell business leaders they will restore tax exemptions eliminated by Democratic Gov. Bill Ritter earlier this year.

Ritter ended or suspended tax exemptions on things like online sales, takeout food containers and industrial energy bills to raise an estimated $130 million a year to help balance the budget.

Republican candidate Dan Maes, Democrat John Hickenlooper and American Constitution Party candidate Tom Tancredo all agreed the tax exemptions should be restored, though Hickenlooper said he would only do it when the budget allows it.

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