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Is Colorado among the Top 10 States with the Lowest Tax Burden In the US?

We recently prepared a comprehensive report of 15 States with the Lowest Tax Burden in the US. Click to see the free report.

But the interesting question to answer is: Is Colorado among the top 10 States with the Lowest Tax Burden In the US?

Colorado

State Tax Burden: 7.95%

Income Tax: 4.40%

Sales Tax: 2.90%

Property Tax: 0.55%

Colorado has a flat individual income tax rate of 4.40% and a 4.40% corporate income tax rate. The southwestern US state charges a sales tax of 2.90% and other local authorities in the state can impose up to 4.87% of sales tax, taking the combined state and average local sales tax to 7.78%. The state imposes a property tax rate of 0.55%, one of the lowest among all the states in the US.

Why Are Companies Relocating to Colorado?

Denver is the main metropolitan city in Colorado that attracts all the big companies. Data analytics giant Palantir Technologies Inc. (NYSE:PLTR) relocated to Denver in 2020. The Western Union Company (NYSE:WU) and DaVita Inc. (NYSE:DVA) are two of the leading Fortune 500 with headquarters in Colorado.

On May 1, The Denver Post, a media publication, mentioned DaVita Inc. (NYSE:DVA) among the top workplaces in 2024. On May 2, DaVita Inc. (NYSE:DVA) released its earnings for the first quarter of 2024. The healthcare firm posted earnings per share of $2.38, beating consensus estimates by $0.46. DaVita Inc. (NYSE:DVA) posted a revenue of around $3.07 billion, surpassing estimates by $49.90 million. Here are some of the comments from DaVita Inc.’s (NYSE:DVA) Q1 2024 earnings call:

“Through the first quarter, we continued building on the momentum generated through 2023, demonstrating operational discipline while continuing to find opportunities to invest, innovate and most importantly deliver clinical excellence.

Our aspiration is to enable as many patients as possible to receive this life-changing gift. Let me highlight three ways that DaVita is helping to address the systemic challenges of kidney transplants. The first is patient referrals to transplant centers. We recently achieved our highest monthly rate with more than two-thirds of DaVita patients under the age of 75 years old being referred for transplant.” 

Other leading tech companies that have a major presence in Colorado include Salesforce, Inc. (NYSE:CRM), Meta Platforms, Inc. (NASDAQ:META), Zoom Video Communications, Inc. (NASDAQ:ZM), and Comcast Corporation (NASDAQ:CMCSA). According to data compiled by FDI Intelligence, 22 companies relocated to Colorado between 2019 and 2023. According to data from the US Census Bureau, the US recorded around 447,449 new applications filed between January 2023 and January 2024. Out of those 447,449 new applications, 10,848 were filed in Colorado, an increase of almost 9.5% year-over-year.

loneroc/Shutterstock.com

Tourism in Colorado and Tax Revenue?

According to a report by the Colorado Office of Economic Development and International Trade (OEDIT), travel spending in Colorado soared from $22.1 billion in 2021 to $26.1 billion in 2022, a rise of 25% year-over-year. Whereas, the number of visitors increased from 84.2 million in 2021 to 90 million in 2022, up by 6.5% year-over-year, as per the Longwoods Travel USA Report. The tourism industry added around $1.7 billion in state and local tax revenue in 2022. By the end of fourth quarter of 2023, Colorado’s state government had generated $4.93 billion from state taxes, according to the US Census Bureau.

Is Colorado the State with the Lowest Tax Burden?

On average, individuals in Colorado pay 7.95% of their income in state and local taxes, compared to the US’s average state tax burden of 11.41%, as of 2024. Colorado is one of the states with the lowest tax burdens, however, it ranks 12th on Insider Monkey’s list. You can go and see our comprehensive report on all the 15 states with the lowest tax burden in the US.

Click to see The Top 15 States that Have the Lowest Tax Burden in the US in 2024.

Disclosure: None. This article is originally published at Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…