Monday, November 19, 2012

Keep Tipping Your Servers

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http://www.slate.com/articles/business/moneybox/2012/11/papa_john_s_raising_prices_for_obamacare_denny_s_applebee_s_and_the_pizza.html

The No. 1 consequence of Obama’s re-election is that it essentially guarantees his signature health care law will be implemented. And not everyone is happy about it. Zane Tankel owns about 40 Applebees franchises. He says that as a result of the law’s penalties on employers who don’t offer health insurance to their workforce “we won’t build more restaurants, we won’t hire more people.” John Metz owns about 40 Denny’s outlets, several Dairy Queens, and is the brains behind the Hurricane Grill & Wings chain is even blunter. He says he’ll be tacking a 5 percent surcharge onto customers’ bills in order to defray the costs of Obamacare.

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