SB 770 Paves the Way for Massive Tax Increases

A proposal moving its way through the Legislature seeks to eliminate Medicare in California and pave the way for massive tax increases on California workers and employers.

SB 770 would create a workgroup to petition the federal government to redirect hundreds of billions of dollars in annual Medicare and Medicaid funding that currently flows to California to a new health care system known as “single payer” instead.

In doing so, SB 770 would set in motion a complicated scheme envisioned by its proponents that would result in the elimination of Medicare and all private health coverage in California, replace it with a costly, untested health system run by state government, and require the largest tax increase in state history.

For those who think dismantling our health system is a good idea, here are a few specific concerns to consider…

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Preston Young
Preston R. Young joined the California Chamber of Commerce in October 2019 as a policy advocate, specializing in health care policy and taxation issues. He was named a senior policy advocate starting January 1, 2024 in recognition of his efforts on behalf of members. Young came to CalChamber from Schuering Zimmerman & Doyle, LLP, where he specialized in medical malpractice, health care, product liability and elder abuse litigation. Young holds a B.A. in communications from Saint Mary’s College of California, and earned a J.D. from Golden Gate University School of Law, where he was associate editor of the Environmental Law Journal. See full bio.