Posted on 06/12/2015 5:09:35 PM PDT by Up Yours Marxists
The title as designated and fixed by the Board is as follows:
STATE TAXES SHALL BE INCREASED $25 BILLION ANNUALLY IN THE FIRST FULL FISCAL YEAR, AND BY SUCH AMOUNTS THAT ARE RAISED THEREAFTER, BY AN AMENDMENT TO THE COLORADO CONSTITUTION ESTABLISHING A HEALTH CARE PAYMENT SYSTEM TO FUND HEALTH CARE FOR ALL INDIVIDUALS WHOSE PRIMARY RESIDENCE IS IN COLORADO, AND, IN CONNECTION THEREWITH, CREATING A GOVERNMENTAL ENTITY CALLED COLORADOCARE TO ADMINISTER THE HEALTH CARE PAYMENT SYSTEM; PROVIDING FOR THE GOVERNANCE OF COLORADOCARE BY AN INTERIM APPOINTED BOARD OF TRUSTEES UNTIL AN ELECTED BOARD OF TRUSTEES TAKES RESPONSIBILITY; EXEMPTING COLORADOCARE FROM THE TAXPAYER’S BILL OF RIGHTS; ASSESSING AN INITIAL TAX ON THE TOTAL PAYROLL FROM EMPLOYERS, PAYROLL INCOME FROM EMPLOYEES, AND NONPAYROLL INCOME AT VARYING RATES; INCREASING THESE TAX RATES WHEN COLORADOCARE BEGINS MAKING HEALTH CARE PAYMENTS FOR BENEFICIARIES; CAPPING THE TOTAL AMOUNT OF INCOME SUBJECT TO TAXATION; AUTHORIZING THE BOARD TO INCREASE THE TAXES IN SPECIFIED CIRCUMSTANCES UPON APPROVAL OF THE MEMBERS OF COLORADOCARE; REQUIRING COLORADOCARE TO CONTRACT WITH HEALTH CARE PROVIDERS TO PAY FOR SPECIFIC HEALTH CARE BENEFITS; TRANSFERRING ADMINISTRATION OF THE MEDICAID AND CHILDREN’S BASIC HEALTH PROGRAMS AND ALL OTHER STATE AND FEDERAL HEALTH CARE FUNDS FOR COLORADO TO COLORADOCARE; TRANSFERRING RESPONSIBILITY TO COLORADOCARE FOR MEDICAL CARE THAT WOULD OTHERWISE BE PAID FOR BY WORKERS’ COMPENSATION INSURANCE; REQUIRING COLORADOCARE TO APPLY FOR A WAIVER FROM THE AFFORDABLE CARE ACT TO ESTABLISH A COLORADO HEALTH CARE PAYMENT SYSTEM; AND SUSPENDING THE OPERATIONS OF THE COLORADO HEALTH BENEFIT EXCHANGE AND TRANSFERRING ITS RESOURCES TO COLORADOCARE.
The ballot title and submission clause as designated and fixed by the Board is as follows:
SHALL STATE TAXES BE INCREASED $25 BILLION ANNUALLY IN THE FIRST FULL FISCAL YEAR, AND BY SUCH AMOUNTS THAT ARE RAISED THEREAFTER, BY AN AMENDMENT TO THE COLORADO CONSTITUTION ESTABLISHING A HEALTH CARE PAYMENT SYSTEM TO FUND HEALTH CARE FOR ALL INDIVIDUALS WHOSE PRIMARY RESIDENCE IS IN COLORADO, AND, IN CONNECTION THEREWITH, CREATING A GOVERNMENTAL ENTITY CALLED COLORADOCARE TO ADMINISTER THE HEALTH CARE PAYMENT SYSTEM; PROVIDING FOR THE GOVERNANCE OF COLORADOCARE BY AN INTERIM APPOINTED BOARD OF TRUSTEES UNTIL AN ELECTED BOARD OF TRUSTEES TAKES RESPONSIBILITY; EXEMPTING COLORADOCARE FROM THE TAXPAYER’S BILL OF RIGHTS; ASSESSING AN INITIAL TAX ON THE TOTAL PAYROLL FROM EMPLOYERS, PAYROLL INCOME FROM EMPLOYEES, AND NONPAYROLL INCOME AT VARYING RATES; INCREASING THESE TAX RATES WHEN COLORADOCARE BEGINS MAKING HEALTH CARE PAYMENTS FOR BENEFICIARIES; CAPPING THE TOTAL AMOUNT OF INCOME SUBJECT TO TAXATION; AUTHORIZING THE BOARD TO INCREASE THE TAXES IN SPECIFIED CIRCUMSTANCES UPON APPROVAL OF THE MEMBERS OF COLORADOCARE; REQUIRING COLORADOCARE TO CONTRACT WITH HEALTH CARE PROVIDERS TO PAY FOR SPECIFIC HEALTH CARE BENEFITS; TRANSFERRING ADMINISTRATION OF THE MEDICAID AND CHILDREN’S BASIC HEALTH PROGRAMS AND ALL OTHER STATE AND FEDERAL HEALTH CARE FUNDS FOR COLORADO TO COLORADOCARE; TRANSFERRING RESPONSIBILITY TO COLORADOCARE FOR MEDICAL CARE THAT WOULD OTHERWISE BE PAID FOR BY WORKERS’ COMPENSATION INSURANCE; REQUIRING COLORADOCARE TO APPLY FOR A WAIVER FROM THE AFFORDABLE CARE ACT TO ESTABLISH A COLORADO HEALTH CARE PAYMENT SYSTEM; AND SUSPENDING THE OPERATIONS OF THE COLORADO HEALTH BENEFIT EXCHANGE AND TRANSFERRING ITS RESOURCES TO COLORADOCARE?
Hearing April 15, 2015
Single subject approved; staff draft amended; titles set. Hearing adjourned 2:54 PM.
It’s not a good system at all. Here’s why. State A provides a golden toilet for every resident. No other state provides the golden toilet. Nor does the federal regime. Now the state goes bankrupt due to this idiocy.
Who bails out the state for its retarded choices and tawdry benefits? That’s right. It’s you and me. We’re stuck wiping the butts of these liberal/libertarian/socialist havens.
It’s gonna suck even more for all the other states who are forced to bail their butts out after Single-Titanic-PayerCare sinks to the bottom of the Atlantic.
That’s $4600/resident. Where in the hell do they think my wife and I have an extra $9200 lying around, just for starters?
25-Billion in new taxes?
2014 population 5,355,866
2014 Employed 2,754,600
Do your numbers account for only 2,754,600 working?
Yes. Bronze plan covers all residents and their families not on Medicare/Medicare. Assume everyone on the exchange in that cost including Medicare/Medicaid. Cost is per resident. Big families would pay less. Single working stiffs would pay the most. Retirees who already paid form their damned Medicare are right behind them.
This bill covers ALL residents.
And I will add that the taxes burden will obviously screw corporations and high income earners the most as this would be based on the existing income tax system.
Only if you happen to live in the idiot state. If you’re smart you got out of there a long time ago.
I was born here. Probably die here. The state has only become more moonbatty in the past 10 years or so. This was an FDR democrat state for decades. By the 80’s things started swinging more libertarian. That’s when I left Denver, and eventually wound up in the ultra conservative El Paso county area.
The recent recalls and other initiatives give me hope for the future. We’ll see.
This should be DOA as nothing more deader than this.
I’m sure Colorado is like a lot of states when one big urban area (Denver-Boulder) dictate the politics and it’s usual liberal (Oregon has Portland, Washington Seattle and California the Bay Area and LA). I’m sure like rural California, where you live is conservative.
I wish you well and hope sanity returns.
Colorado has approximately 5 million citizens, 3 million of which pay income tax.
When you divide 25 billion by 3 million, it shows that EACH taxpayer would have to pay an additional $8,000.00 per year - to start with, because there are provisions to INCREASE this additional tax in subsequent years!
Be interesting to see if the potheads can get this on the ballot. Probably can: paid signature collectors stand in front of the grocery stores and lie through their teeth about what they are collecting signatures for. They’ll probably say something like: “Would you like to sign a petition for free medical care in Colorado?”
It won’t have a snowball’s chance in hell of passing though with a ballot title that starts with: “STATE TAXES SHALL BE INCREASED $25 BILLION ANNUALLY IN THE FIRST FULL FISCAL YEAR ...”
Colorado Ping ( Let me know if you wish to be added or removed from the list.)
Do they intentionally release this in ALL CAPS to discourage people from reading it?
I read about this recently. I can’t believe it would get anything other than token support.
We agree.
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