Any time the government is mandating something and creates an extra burden on business, it becomes another regulatory tax and raises costs.
'San Franciscans have a history of voting their social conscience as long as someone else writes the check.’… He said consumers would be hurt, predicting that restaurants would raise prices… The higher prices, he said, might cause some restaurants to lose business — and perhaps close. ‘There’s no such thing as a free lunch on something like this.’
San Francisco Supervisors never tire of over-regulating small businesses, and then cry over the intrusion of national chains that can financially absorb their absurd labor regulations. The Supervisors are not helping workers, they are writing a recipe for empty storefronts.
The Controller estimates that this bad idea will cost taxpayers up to $1 million to implement, not including lost welfare recipient work hours, and an unknown amount for city workers not currently eligible for sick time. Add to that the hundreds of jobs and the millions of dollars in sales taxes that will be lost to surrounding cities when diners and shoppers go elsewhere to save money.
Proposition F Sticks it to Neighborhood Businesses….Like kids in a candy store, our Supervisors never tire of gobbling up every bad idea that some special interest group dangles before them, particularly when it means hurting productive people who pay taxes.
The simple fact is that if business owners cannot make a reasonable return on their investments, they will either relocate to another county or close their doors, resulting in fewer jobs and less revenue for the City coffers from business, payroll, and sales taxes to fund the social programs the Supervisors so greatly value.
The majority of San Francisco's Supervisors have no management experience or experience running large or small businesses. They have no concept of what it takes to manage and finance a business. They obviously think that money grows on trees and profit is sinful.
Proposition F is another job-killing attack on San Francisco's economic engine that will raise prices for all who shop in the City.
