tag:blogger.com,1999:blog-14162253.post659175707231662863..comments2024-03-28T18:57:15.124-06:00Comments on Wash Park Prophet: Colorado's Top Income Tax Rate Is LowAndrew Oh-Willekehttp://www.blogger.com/profile/02537151821869153861noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-14162253.post-55534438165291409362012-03-08T08:46:53.367-07:002012-03-08T08:46:53.367-07:00The OPT is only levied upon those who earn income....The OPT is only levied upon those who earn income. You earn $500.00 in a month, you pay the $5.75 tax. It shows up on W-2's in Box 19 as "Local income tax"Michael Malakhttps://www.blogger.com/profile/10007582156392845677noreply@blogger.comtag:blogger.com,1999:blog-14162253.post-14346748297057610622012-03-08T02:44:02.157-07:002012-03-08T02:44:02.157-07:00The OPT is as you say, a "head tax" rath...The OPT is as you say, a "head tax" rather than an income tax. An income tax is a function of income, a head tax is not.Andrew Oh-Willekehttps://www.blogger.com/profile/02537151821869153861noreply@blogger.comtag:blogger.com,1999:blog-14162253.post-31377106193344965012012-03-07T21:02:29.741-07:002012-03-07T21:02:29.741-07:00The high sales tax here really irks me, and of cou...The high sales tax here really irks me, and of course is highly regressive with respect to income.<br /><br />Also, the City and County of Denver does have a local income tax -- the OPT tax, which as a "head tax" is the most regressive of all.Michael Malakhttps://www.blogger.com/profile/10007582156392845677noreply@blogger.com