COBRT - Your Pro-Business Advocate - Weekly News - October 8, 2019
LEADERSHIP. REACH. RESULTS.
October 8, 2019
The Colorado Business Roundtable ("COBRT") is a 501(c)(6) business league which has been in active operation since early 2016 (see www.cobrt.com).  It is aligned with the strategy and goals of the national Business Roundtable, an association of chief executive officers of America's leading companies working to promote a thriving U.S. economy and an expanded opportunity for all Americans through sound public policy.  COBRT pursues a similar mission in the state of Colorado and the region.

COBRT is led by a six-person Executive Committee and a fifteen-person Board of Directors ("Board").  Like the Business Roundtable, COBRT's Board has representatives from some of the region's leading companies.

COBRT seeks to hire a new President no later than October 31, 2019.  This date may be extended depending on the results of the application process.

The balance of this document will outline (a) the general job duties for this position, (b) responsibilities,  (c) qualifications, (d) performance milestones (e) the general compensation range for this position, and (f) the procedure for applying for the position.


To frame any discussion of the effects of the Tax Cuts and Jobs Act of 2017 (TCJA) and next steps for tax reform, it is important to remember the evolution in economic thinking and economic policy making that led to the TCJA. 

For decades, economists and policy analysts had drawn on the work of Arnold Harberger, whose two-sector general equilibrium model (of a closed economy with fixed factor supplies) concluded that the burden of the corporate tax fell on owners of all capital. Two shifts led to a change in view of the corporate tax. Within the economics profession, researchers studying tax policy's effect on investment cast doubt on models that assumed away effects on capital accumulation (more below). And increases in international corporate capital mobility led to shifts in thought as how much of the burden of the corporate tax is borne by domestic capital, more recent studies find that labor bears much of the burden of the corporate tax. 

Thank You To Our Latest Partners





Colorado Business Roundtable is pleased to announce our latest partners PhRMA and Denver Museum of Nature and Science. We are honored to have your support and look forward to working with you. 
The Colorado Division of Insurance and the Department of Health Care Policy & Financing have released their draft report for the state's plan for a public health-insurance option, which hits hospitals hard for the bulk of bringing down the underlying costs of health care. The report proposes that the public option reimburse hospitals at 175% to 225% of Medicare - in line with many other states but a huge decrease for some Colorado hospitals, which can see payments of as much as 700% of Medicare. The plan is specifically pointing to hospitals on the Front Range and in the resort communities, however. 

The two divisions said they intend to make sure they are not impacting rural hospitals. By capping reimbursement, they say hospitals will still make a profit but that they putting in state standards for hospital prices that will help address the root of why health care costs are so high. 

Colorado Governor Jared Polis and his policy advisers are contemplating a major new intervention in the state's health insurance and health care markets. In partnership with legislative leaders, the Polis administration is developing a so-called state option: a new type of insurance plan that would significantly expand the role of state government within Colorado's health care industry. 

With interest remaining high in its revised Statement on the Purpose of a Corporation, Business Roundtable this week reaffirmed its overriding goals against suggested major changes in corporate governance law and practices. In comments to the Financial Times, the Roundtable said it supports measures to ensure that the economic benefits are more broadly shared: "Our companies have a strong track record of investing in employees and will expand their work on a number of common priorities, including raising wages, investing in skills training and increasing access to education. Business Roundtable opposes measures that would stifle growth and harm businesses' ability to create jobs and opportunity for American workers." The Roundtable comments came in response to a sweeping proposal to overhaul U.S. capitalism by Chief Justice Leo Strine of the Delaware Supreme Court. For additional coverage of the Business Roundtable statement, click here.

The Skillful Coaching Community of Practice is establishing an advisory board and we are looking for innovative, results-driven individuals to join us!
 
This board will serve to expand Skillful's reach as we provide free tools and resources to career coaches all over Colorado and support them as they help job seekers navigate today's rapidly changing labor market.

Positions:
  • Virtual Events Representative (2 positions): The Virtual Events Representatives will ensure that the virtual events held on the CoP are responsive to the CoP members' needs, are skills-based, and account for the future of work. The Representatives will determine topics and work with the Skillful Coaching Team to secure presenters for online webinars and peer learning calls to be hosted on the CoP each month.
  • Outreach Representative: The Recruitment and Outreach Representative will work to find which geographic areas, types of organizations, and service providers for diverse populations that are underrepresented on the CoP. They will help to explain the benefits to potential members and partners, and work with the Skillful Coaching Team to plan in-person meetups for members and prospective members.
  • Rural Liaison: The Rural Liaison would ensure the CoP is responsive to the needs of career coaches in rural areas of Colorado, that the Skillful Coaching Team and CoP is aware of promising practices and diverse perspectives from rural areas, and would coordinate rural-focused in-person events, discussions, and resource development.
If you're passionate about workforce issues, please apply by submitting a resume and cover letter (500-word limit) that addresses the following:
 
1. What position(s) are you interested in? 
2. What skills are you interested in developing as a Board Member?
3. Describe your skills that apply to the role(s) you are interested in.
 
If you know of someone who would be a good fit, we encourage you to forward this email to them.
 


The U.S. economy added 136,000 jobs in September, below consensus estimates. Unemployment decreased 0.2 point to 3.5 percent, the lowest level in 50 years, while the labor force participation rate held steady at 63.2 percent. Annual wage growth eased to 2.9 percent, the first month below 3 percent since July 2018. 

Listen at KDMT 1690 AM Denver's Money Talk from 
4-5 p.m. Monday through Friday or  live stream online. Podcasts are available at  http://www.cobrt.com/radio-podcast and on your favorite podcast app the day after live airing.

Stream or Download These Recent Episodes

10/21/19 - 10/22/19
COBRT partnership opportunities are now available. 

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Colorado Business Roundtable, P.O. Box 5608, Denver, CO 80216
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