I understand the public reasoning why the law was passed. I am not sure it is the right solution.

As a business I would be very concerned that the cost/compensation for those few individuals with the qualification in Colorado will become very expensive as my competitors outbid each other to the sky (CO pop. 5.759mm US Census 2019). I remember the pre-dot com boom. IT was "rolling in money"...

As an employee, I am now concerned that I will be targeted because of the job I have. The criminal elements can now pretend to be "Robin Hood".

As an employee, how will this "race to the top" salary battle backfire? Will I be stuck in Colorado? Are there loopholes (and there always are) where CO companies can hire outsiders cheaper?

And, so on...