Hey Nevada! Glad you voted for Reid and Obama?
Another one from the Elections Have Consequences Department, restaurants in Nevada close to throwing in the towel:
“I don’t know what secret [the politicians] know, where they just assume we can write them a check,” said Sam Facchini, owner of Metro Pizza in Las Vegas.
“We can’t pay for this. Most of us [restaurant owners] operate on a thin margin and trying to stay in compliance [with the law] will make things much tighter.”
The biggest concern restaurant owners have with the law — commonly referred to as “Obamacare” — is Section 1513, the Employer Mandate. Going into full effect in January 2014, it requires businesses with 50 or more full-time employees to provide federally “qualified” health insurance or pay penalties of up to $2,000 per employee.
Nevada will be hit hard, according to the Nevada Restaurant Association, since the state’s restaurant industry is the second highest contributor to state taxes and employs nearly 150,000 people.
Oddly, given the way voters “armed themselves with information” during the 2012 elections, I have the feeling the Nevada electorate won’t even notice until the pink slips arrive. Even then, they’ll probably just blame the “Evil Capitalist” restaurant owners.
Yeah, color me jaded.