Business owners are worried about potential impact of ‘prepared food tax’ on customers [Video]

NEW AT 4:00, PEOPLE MIGHT HAVE TO SPEND MORE MONEY WHEN EATING AT RESTAURANTS IN GREENSBORO. MAYOR NANCY VAUGHAN PROPOSED THE NEW PREPARED FOOD TAX IN HER STATE OF THE CITY ADDRESS JUST LAST NIGHT, AND WXII 12 JOSHUA DAVIS JOINS US IN DOWNTOWN GREENSBORO WITH DETAILS ON WHERE THE MONEY WILL GO AND REACTION FROM THOSE NOT TOO KEEN ON THIS NEW IDEA. MAYOR NANCY VAUGHAN SPOKE ABOUT THE PREPARED FOOD TAX AT WEDNESDAY’S STATE OF THE CITY EVENT, CLAIMING HE WOULD KEEP GREENSBORO COMPETITIVE AS AN ENTERTAINMENT AND TOURISM DESTINATION. HOWEVER, SOME BUSINESSES THINK IT’S SHORTSIGHTED AND. OAKCREST FAMILY RESTAURANT HAS BEEN OPEN FOR MORE THAN TWO DECADES AND ACCORDING TO THE OWNER, IT’S THE GO TO SPOT FOR VETERANS AND THE ELDERLY DUE TO ITS GOOD FOOD FOR A FAIR PRICE, THEY ARE HAVE A BUDGET. THEY LIVE WITH A SOCIAL SECURITY, THEY HAVE LIMITED BUDGET. THEY …