Sponsors of the legislation that could block Wal-Mart and some other big-box stores from opening in the city said they may have to make amendments to the law even after the City Council voted yesterday to override the mayor's veto and even before the law goes on the books.There seems to be no limit on government.
An official at a trade group that represents local grocery chains including C-Town and Met Foods, the National Supermarket Association, told The New York Sun that its member businesses, many of which have retail spaces between 15,000 and 20,000 square feet, would be devastated by the law.
As passed, the law would require grocery stores that are at least 10,000 square feet or have 35 or more employees to contribute a "prevailing health care expenditure rate."
"The amount of money that this will cost will put 40% to 50% of our people out of business," the executive director of the trade group, Luis Salcedo, said during a telephone interview.
Wednesday, October 12, 2005
New Questions Arise on NYC Bill on Wal-mart
The New York Sun reports on the greatest restraint of trade going on in America today: