9 of 9
BACKNEXT
A taxing plan to slim down San Francisco
High-fructose corn syrup
On the endangered list in: San Francisco

In December, San Francisco mayor Gavin Newsom proposed a tax on sodas containing high-fructose corn syrup, in an effort to curb rising obesity rates. (According to the U.S. Department of Health and Human Services, about two-thirds of Americans are overweight or obese.) A 2005 CDC study found that 10% of San Francisco high school students were overweight, with another 13% at risk for becoming overweight.

The proposed taxes would apply only to big-box stores, with revenue going to the city's "Shape Up San Francisco" anti-obesity initiative.

Even though the tax wouldn't apply to his small grocery store, Greg Markoulakis, who co-owns the Mayflower Market with his wife, Sophia, doesn't think it's a good idea. He calls the proposal "misguided," saying it wouldn't hurt his business but also wouldn't change consumer behavior.

"I understand the reasoning behind it, but I don't see how a tax would stop obesity," he says.

More galleries

Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
LAST UPDATE: Nov 18 2009 | 12:10 PM ET
More Galleries
A sampling of beers being made with traditional Latin flavors A small but growing number of craft breweries are including passion fruit, Mexican cinnamon and other traditional Latin flavors. More
Banks won't lend? Use these guys instead Banks often have exhaustive approval processes, high minimums, and flawless credit requirements. But there's a wealth of non-bank alternatives for those who need capital fast. Here are some of the leaders. More
Facebook launched my startup These entrepreneurs relied exclusively on Facebook, Twitter and Instagram to jumpstart their small businesses. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.