Tax credits are a shell game
Regarding Colorado’s tax credits for
conservation easements (HCN, 5/30/05: Colorado tax credits make
easements work for working people): That is sure a shell game if I
ever saw one. The Colorado Congress certainly found a way to help
the rich get richer at the expense of all other taxpayers.
Why doesn’t the state just buy the easement from
the rancher at 80 cents on the dollar? That way the state saves 20
cents on the dollar, and the rancher still gets the same amount.
The only ones losing are the wealthy and middlemen.
John Olbert Tucson, Arizona