Bloomberg to back soda tax in Berkeley

In Berkeley, Calif., where a campaign is on to persuade voters to impose a 1-cent-an-ounce tax on sugary drinks, the spending fight has been lopsided indeed: Proponents of the tax had raised $135,000 as of last week, compared with $1.4 million spent by the beverage industry, which has successfully blocked just about every attempt nationally to levy such a tax. In Berkeley, a city of 117,000, that amounts to nearly $12 per resident spent to defeat the ballot measure.

Now, Michael R. Bloomberg, the billionaire former mayor of New York who has made a campaign of trying to curb consumption of sugary drinks, is throwing in some financial weight. Aides said that he had decided to spend money in Berkeley to help counter the beverage industry, most likely by paying for mailings and get-out-the-vote efforts. His first contribution was $85,000, but the aides would not say how much he intended to donate over the course of the campaign.

“We want to come in and try to equalize the spending disparity, which is enormous,” said Howard Wolfson, a senior adviser to Mr. Bloomberg.

Read the Full Article

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

In Red Lobster, a symbol of the challenges with casual dining

The Bottom Line: Consumers have shifted dining toward convenience or occasions, and that has created havoc for full-service restaurant chains. How can these companies get customers back?

Financing

Crumbl may be the next frozen yogurt, or the next Krispy Kreme

The Bottom Line: With word that the chain’s unit volumes took a nosedive last year, its future, and that of its operators, depends on what the brand does next.

Technology

4 things we learned in a wild week for restaurant tech

Tech Check: If you blinked, you may have missed three funding rounds, two acquisitions, a “never-before-seen” new product and a bold executive poaching. Let’s get caught up.

Trending

More from our partners