As Democratic state lawmakers last week briefed their colleagues on measures ending or cinching tax loopholes and breaks as part of an effort to plug a roughly $750 million hole in the state budget , they kept repeating a variation of the same line: We could be doing more.

“This is not good tax policy,” state Rep. Emily Sirota, D-Denver, told statehouse Democrats on a Zoom call while explaining her bill removing an income tax deduction for wealthy owners of so-called pass-through businesses.

Only single filers earning more than $500,000 of profits from their pass-through companies or joint filers earning more than $1 million will lose the deduction. Sirota said the thresholds should be lower.

“But this is an agreement with the governor,” she said.

Every dollar of new revenue Democr

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