FOX 31: How will Coloradans spend $400 tax rebates?

Posted: Apr 25, 2022 / 01:44 PM MDT

Updated: Apr 25, 2022 / 02:43 PM MDT

DENVER (KDVR) — Every Coloradan who paid taxes this year will receive $400 thanks to the Taxpayer Bill of Rights, but how they choose to spend that money may be different from stimulus spending during the pandemic.

“Our economy is much better now than two years ago because our unemployment is really low, people are finding jobs,” Kishore Kulkarni, a professor of economics at Metropolitan State University of Denver, said.