ColoradoCare threatens assault on Colorado

ColoradoCare threatens assault on Colorado

DENVER—Initiative 20 “ColoradoCare” is a proposed ballot initiative to raise taxes by $25 billion to create a government-run health care system in Colorado. The YES campaign’s spokesperson T.R. Reid has threatened to initiate a lawsuit against the Colorado Title Board over the proposal’s ballot language.

“Coloradans are being targeted by a Trojan horse known as ColoradoCare. Initiative 20 would be the largest tax hike ever proposed in Colorado’s history, and no matter how you disguise it, the proposal is dangerous for patients and bad for consumers,” said Jonathan Lockwood, executive director of free market advocacy group Advancing Colorado. “The Title Board got it right and the ColoradoCare campaign continues to get it wrong.”

T.R. Reid, expressed the campaign’s dissatisfaction with the fact ballot language states the program will cost taxpayers $25 billion annually. He believes the price tag is “misleading” because his group claims the cooperative will save Coloradans money in the long run.

ColoradoCare would be financed by taxes on Coloradans’ incomes, including a 10 percent “Health Care Premium Tax” on payroll and non-payroll income collected by the Department of Revenue.

The proposal asks that the revenues be exempt from the Taxpayer’s Bill of Rights. Meaning, board members, who would initially be appointed, could vote on any future Health Care Premium Tax increases.