I was very misinformed about Amendment 69.

My reasons for voting against it are selfish. I make ~$500k / yr, and currently pay about $4k / yr for my health insurance. I'm in my early 30's and healthy, finally earning a good chunk of change, and want to save as much as I can to try and build my nest egg. My income stream is volatile, so good years are important for me to weather the bad years since I'm self employed.

Why the hell should I, an early 30's healthy Colorado resident, be forced to pay $50k / year for health insurance I currently get for $4k a year? Can someone explain to me with a straight face how it's fair?

This deal is really a big bone in the ass for anyone that's self employed. I just moved here, but for $50k a year, I'd pack up and move out if this thing passes. Shit, that's more than my mortgage and I live in an $800k house....

Hell, even my capital gains that I've had for years would be subject to that 10% tax. So ... what... I can't sell my stocks now or I get hit with another $30k in taxes?

For the record, I'm all for some type of universal health care. But it needs to be done on the federal level. This type of tax is quite unfair, especially for the entrepreneurs and self employed people. It's a shackle that prevents them from realizing their financial success. I have a feeling many high income earners would leave the state (at least on paper) if this passes, because 10% is nothing to scoff at. At all. I don't quite enjoy the idea of my state tax rate going from 4% to 14%. Colorado goes from middle of the pack to more expensive than California. Yikes.

/r/Denver Thread