Blame Your Bar Tab on Prop. C
by Alexandra Cannarella
Jan 08, 2019
Young’s Market Co., the exclusive distributor of familiar brands like San Francisco favorite Fernet Branca, Tito’s vodka and Jack Daniel’s, said in a letter to its San Francisco accounts that it would be changing its wholesale tax from 0.16 percent to 0.335 percent, effective Jan. 1, citing Prop C as the reason.

Prop. C, which passed in November with 61 percent of the vote, promises to generate hundreds of millions of dollars a year for homeless services by increasing the gross receipts tax for businesses in the city with more than $50 million in revenue and the payroll tax for businesses with more than $1 billion.