This is bad news for cities. The living wage poses a big threat to their economic health, because the costs and restrictions it imposes on the private sector will destroy jobs —especially low-wage jobs — and send businesses fleeing to other locales.
The real worry is that these new rules and regulations do not create a risk factor or a timidity that is so severe that... they sit on the sidelines worrying more about rules and regulations than they do about making money .. If we have to go to a book keeping system as opposed to an accounting system then we're going to strangle the American enterprise system.
The real worry is that these new rules and regulations do not create a risk factor or a timidity that is so severe that... they sit on the sidelines worrying more about rules and regulations than they do about making money.
We're opposed to a lot of bills, but this is one of the worst. When you're the only state in the country with paid family leave and they've tried it in 27 other states and it's failed in each and every one, we see it as a competitive disadvantage in attracting or keeping businesses here.
The signing of this proposal places California in the position of being the first state in the nation to implement a program that pays for workers to take non-work related time off. This will cause California to lose some of its competitive edge, as many businesses will look to other states when relocating or starting up to avoid these types of mandates.
Facing a possibility of 20 years in jail and $5 million fines, executives are going to spend lots of time going over financial statements, and less time creating, innovating and leading,”
I'm an old man, and I've never seen a feeding frenzy like the one we've had on corporate accountability.
It's a very anti-business bill. This is not any time to be looking at a bill like this.
You've got new taxes and new costs on employers and employees at a time when the economy is not doing well.
It's seems like it's not good timing -- that we could be chasing business out of California. We definitely support employees and family issues and want to make sure we create a good working environment. However, putting California businesses at a competitive disadvantage compared to other states only means that business will go elsewhere.
