9 of 9
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
5 startups that are reimagining the world Bricks that grow from microorganisms, household garbage turned into art, three-wheeled bike-cars -- these startups are redefining urban living. More
Blue collar entrepreneurs These five entrepreneurs took their blue collar experience and used it to launch innovative businesses. More
7 lifehacks to eliminate your holiday hassle Whether curating the perfect gift or finding a pet-sitter, these startups offer time-saving services that might just seem like holiday magic. More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.