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News

SB 770 Paves the Way for Massive Tax Increases featured image

SB 770 Paves the Way for Massive Tax Increases

July 12, 2023

News from: CalChamber

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.

Upcoming Events

Jun 17
3:00 pm - 4:30 pm

Ribbon Cutting | Emerge Home Services

Jun 22
June 22 - June 23

PS/NExT Summit ’26

Jun 24
11:30 am - 1:00 pm

Lunch Club | Stuft Pizza Bar & Grill

Sep 11
8:00 am - 11:00 am

All Valley Mayors, County and Tribal Chairpersons Luncheon

Sep 30
11:00 am - 2:00 pm

2026 La Quinta State of the City, Business Awards and Expo

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Indio, CA 92202

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Indio

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Indio, CA 92201

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Coachella, CA 92236

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