Quote:
Originally posted by Persius
Prop 72 what do you think?
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I am voting No on 72. I think that forcing companies over a certain size to provide benefits by law only does two things:
1. Legalized plunder. Stealing from the rich to give to the poor never works.
2. Will cause some businesses from expanding just to avoid going over the number of employees that would require them to start providing health care.
While writing this, it also occurs to me that it could have the effect of driving more business out of CA where they don't have regulations like the proposed one in this measure.
It should also be mentioned that it would result in significant net state revenue loses. Overall unknown net state and local savings or
costs.