Weekly News from COBRT - November 21st, 2017
November 21, 2017

Colorado Business Roundtable wishes you, your family and your employees a wonderful Thanksgiving. 

Many Colorado business leaders are supportive of the big-picture aims of federal tax reform proposals in Washington - mainly, cutting the corporate tax rate from 35 percent to 20 percent and simplifying the tax code. But they disagree on other provisions of the two bills moving through Congress and are asking for specific changes, often related to the way a new law could affect their particular industries. 

Thank you to everyone who came to the 4th Annual Legislative Reception and our sponsors PhRMA, Bristol Myers Squibb, South Metro Denver Chamber, and AT&T. We appreciate all of your support to the Colorado Business Roundtable and we hope to see you again next year. 

Denver-area economic development officials are emphasizing Colorado's workforce and lifestyle over economic incentives in their bid to lure Amazon's proposed second headquarters. 

The Metro Denver Economic Development Corporation released a redacted version on Thursday of the proposal it submitted to Seattle-based Amazon in October. 

Business Roundtable thanked the U.S. House on Thursday for passing "historic" tax reform, the Tax Cuts and Job Acts. "A competitive corporate tax rate and a shift to a territorial tax system will allow U.S. businesses to compete and win, which will unleash capital investment - raising wages and creating jobs here in America," said Chairman & CEO Joshua Bolten in a statement. In a statement, Bolten commended the Senate Finance Committee for reporting out its own tax reform bill and said, "Business Roundtable remains committed to working with Congress to improve specific provisions that will help U.S. companies invest capital, hire workers and increase wages." Following the Thanksgiving recess, Congress and the Administration should move quickly to enact tax reform legislation, Bolten added. 

The Research & Innovation Office creates impact by cultivating and supporting collaboration, transformation and leadership across CU Boulder. Highlights from our 2016-17 research and creative work make one thing clear: Our work has never been more innovative or more important. Our ability to attract a record $508 million in research funding, while remarkable, only hints at the transformational impact we are creating. 

Colorado Business Roundtable's first annual Collaboration in Industry Awards Luncheon is December 7th now from 11:00 am to 1:00 pm at the Cable Center in Denver. 

Please join us December 7th with keynote speaker Jim Clifton, CEO of Gallup and Governor John Hickenlooper as we recognize 12 extraordinary companies and organizations that have demonstrated collaboration in Colorado. 

Sponsorships are still available with exclusive opportunities that could include a private dinner with Jim Clifton, private VIP reception before the event, event tickets, branding, autographed books, and much more. If you are interested in learning more about sponsorships, contact Lisa Gregg at lgregg@cobrt.com

The Colorado Department of Transportation (CDOT), E-470 Public Highway Authority and Arrivo, a next generation transportation company engineering a hyperloop-inspired infrastructure and vehicle system, announced a public-private partnership to build the first ever "Arrivo" super-urban network to serve the greater Denver region. 

Economic Literacy Colorado is excited to introduce their new name. They plan to maintain the integrity of their mission while elevating the need for and value of fundamental economic and financial education for our students. 

As the latest round of negotiations over the North American Free Trade Agreement (NAFTA) opened today in Mexico City, Business Roundtable issued a statement warning of the economic consequences of weakening or withdrawing from NAFTA. "During a time in which one out of every three good exported from the U.S. is destined for Canada and Mexico, we believe the Administration should focus more on proposals that would expand U.S. economic opportunities with our NAFTA partners, rather than on proposals that would restrict such opportunities," said Tom Linebarger, Chairman and CEO of Cummins Inc. and Chair of the International Engagement Committee "Doing so - along with tax and regulatory reform - ensures U.S. businesses can continue to create American jobs, remain globally competitive and promote U.S. economic growth." 

Colorado business leaders Wednesday added their voices to a national chorus calling on Congress to act to protect young immigrants brought to the U.S. by the parents from deportation before the end of this year. 

In a media call organized by FWD.us, representatives from local business advocacy organizations urged Colorado's congressional coalition to throw its full support behind legislation that would allow so-called Dreamers - or young immigrants previously protected by the executive order Deferred Action for Childhood Arrivals, or DACA - to stay in this country legally. They cast it not only as a moral issue, but as sound economic policy, particularly in ultra-low-unemployment Colorado. Participants in the media call noted that of the estimated 800,000 Dreamers in the U.S., 17,300 live in the state. 

Neil Westergaard, editor-in-chief of the Denver Business Journal for 18 years, has announced he plans to retire early next year. 

Westergaard has been a Colorado newspaperman for four decades. He served for 15 years at The Denver Post as an editor and reporter, rising to executive editor of the Denver daily paper in the early 1990s. 

Celebrating its 5th edition, CCIA's Innovative Energy Review publication is the state of Colorado's leading clean energy journal dedicated to promoting trends, companies, and the overall state of energy in the region. 

Listen at KDMT 1690 AM Denver's Money Talk from 
4-5 p.m. Monday through Friday or  live stream online. Podcasts are available at  www.cobrt.com/radio and on your favorite podcast app the day after live airing.

Stream or Download These Recent Episodes

See all at our events page and use this contact form to add yours!
 2017 CSBR Roundup - Colorado Space Business Roundtable


Colorado Business Economic Outlook 2018 Forum - University of Colorado Boulder

MPMSDC Colorado Holiday Party - Mountain Plains Minority Supplier Development Council

COBRT partnership opportunities are now available. 

Get noticed. 
Support policy efforts. 
Invest in Colorado.

Enjoy this week's newsletter? Have ideas that can improve the newsletter's coverage in the future? 


Colorado Business Roundtable, P.O. Box 5608, Denver, CO 80216
Sent by contact@cobrt.com in collaboration with
Constant Contact