Denny’s To Charge 5% “Obamacare Surcharge”
Via Daily Mail:
President Obama’s election victory ensured his Affordable Care Act would remain the centerpiece of his first term in power – but that has left some business owners baulking at the extra cost Obamcare will bring.
Florida based restaurant boss John Metz, who runs approximately 40 Denny’s and owns the Hurricane Grill & Wings franchise has decided to offset that by adding a five percent surcharge to customers’ bills and will reduce his employees’ hours.
With Obamacare due to be fully implemented in January 2014, Metz has justified his move by claiming it is ‘the only alternative. I’ve got to pass on the cost to the customer.’
The fast-food business owner is set to hold meetings at his restaurants in December where he will tell employees, ‘that because of Obamacare, we are going to be cutting front-of-the-house employees to under 30 hours, effective immediately.’
And it begins. I'm sure this will be only the first of a long line of companies passing the cost on to the customers. Inflation will be obscene to say the least. Not to mention the pain as more and more companies cut worker hours to avoid the law.
The unintended consequences of good intentions.