Message from the boss

Wayne

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From: the BOSS -

To All My Valued Employees,

There have been some rumblings around the office about the future of this
company, and more specifically, your job. As you know, the economy has
changed for the worse and presents many challenges. However, the good news
is this: The economy doesn't pose a threat to your job. What does threaten
your job however, is the changing political landscape in this country.
However, let me tell you some little tidbits of fact which might help you
decide what is in your best interests.

First, while it is easy to spew rhetoric that casts employers against
employees, you have to understand that for every business owner there is a
Back Story. This back story is often neglected and overshadowed by what you
see and hear. Sure, you see me park my Mercedes outside. You've seen my big
home at last years Christmas party. I'm sure; all these flashy icons of
luxury conjure up some idealized thoughts about my life.

However, what you don't see is the BACK STORY:

I started this company 28 years ago. At that time, I lived in a 300 square
foot studio apartment for 3 years. My entire living apartment was converted
into an office so I could put forth 100% effort into building a company,
which by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went
back into this company. I drove a rusty Toyota Corolla with a defective
transmission. I didn't have time to date. Often times, I stayed home on
weekends, while my friends went out drinking and partying. In fact, I was
married to my business -- hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a
modest $50K a year and spent every dime they earned. They drove flashy cars
and lived in expensive homes and wore fancy designer clothes. Instead of
hitting the Nordstrom's for the latest hot fashion item, I was trolling
through the discount store extracting any clothing item that didn't look
like it was birthed in the 70's. My friends refinanced their mortgages and
lived a life of luxury. I, however, did not. I put my time, my money, and my
life into a business with a vision that eventually, some day, I too, will be
able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9 A.M., mentally check in
at about noon, and then leave at 5 P.M., I don't. There is no "off" button
for me. When you leave the office, you are done and you have a weekend all
to yourself. I unfortunately do not have the freedom. I eat, and breathe
this company every minute of the day. There is no rest. There is no weekend.
There is no happy hour. Every day this business is attached to my hip like a
1 year old special-needs child. You, of course, only see the fruits of that
garden -- the nice house, the Mercedes, the vacations... you never realize
the Back Story and the sacrifices I've made.

Now, the economy is falling apart and I, the guy that made all the right
decisions and saved his money, have to bail-out all the people who didn't.
The people that overspent their paychecks suddenly feel entitled to the same
luxuries that I earned and sacrificed a decade of my life for.

Yes, business ownership has is benefits but the price I've paid is steep and
not without wounds.

Unfortunately, the cost of running this business, and employing you, is
starting to eclipse the threshold of marginal benefit and let me tell you
why:

I am being taxed to death and the government thinks I don't pay enough. I
have state taxes. Federal taxes. Property taxes. Sales and use taxes.
Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on
taxes. I have to hire a tax man to manage all these taxes and then guess
what? I have to pay taxes for employing him. Government mandates and
regulations and all the accounting that goes with it, now occupy most of my
time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for
quarterly taxes. You know what my "stimulus" check was? Zero.. Nada. Zilch.

The question I have is this: Who is stimulating the economy? Me, the guy who
has provided 14 people good paying jobs and serves over
2,200,000 people per year with a flourishing business? Or, the single mother
sitting at home pregnant with her fourth child waiting for her next welfare
check? Obviously, government feels the latter is the economic stimulus of
this country.

The fact is, if I deducted (Read: Stole) 50% of your paycheck you'd quit and
you wouldn't work here. I mean, why should you? That's nuts. Who wants to
get rewarded only 50% of their hard work? Well, I agree which is why your
job is in jeopardy.

Here is what many of you don't understand ... to stimulate the economy you
need to stimulate what runs the economy. Had suddenly government mandated to
me that I didn't need to pay taxes, guess what? Instead of depositing that
$288,000 into the Washington black-hole, I would have spent it, hired more
employees, and generated substantial economic growth. My employees would
have enjoyed the wealth of that tax cut in the form of promotions and better
salaries. But you can forget it now.

When you have a comatose man on the verge of death, you don't defibrillate
and shock his thumb thinking that will bring him back to life, do you? Or,
do you defibrillate his heart? Business is at the heart of America and
always has been. To restart it, you must stimulate it, not kill it.
Suddenly, the power brokers in Washington believe the poor of America are
the essential drivers of the American economic engine. Nothing could be
further from the truth and this is the type of change you can keep.

So where am I going with all this?

It's quite simple.

If any new taxes are levied on me, or my company, my reaction will be swift
and simple. I'll fire you. I'll fire your co-workers. You can then plead
with the government to pay for your mortgage, your SUV, and your child's
future. Frankly, it isn't my problem any more.

Then, I will close this company down, move to another country, and retire.
You see, I'm done. I'm done with a country that penalizes the productive and
gives to the unproductive. My motivation to work and to provide jobs will be
destroyed, and with it, will be my citizenship.

So, if you lose your job, it won't be at the hands of the economy; it will
be at the hands of a political hurricane that swept through this country,
steamrolled the constitution, and will have changed its landscape forever.
If that happens, you can find me sitting on a beach, retired, and with no
employees to worry about....

Signed, THE BOSS
 
Sounds like a bitter rant from an ill-informed turnip. ;-)
 
Robert said:
Sounds like a bitter rant from an ill-informed turnip. ;-)
To be honest, as a formerly self-employed person, and knowing how true the above statement really is (as in having to pay no less than 9 different taxes to be self-employed), I'd have to call it pretty damned accurate to be honest.

- Federal
- State
- County
- City
- Personal Property
- Business Property
- City license
- County license
- self-employment tax

All in all, nearly 60% of my gross income went towards taxes and fees. It's almost as bad as a license from Amiga Inc :)

To be honest, you do get a lot of write-offs to counter-balance it, but then you have to turn around and pay a CPA to manage it all for you, which of course is a separate bill (aka tax) which in itself gets taxed.

It does not pay to be a small business in America, and it's always the big businesses which buy the politicians to keep things that way. Those small businesses that do make it usually end up with a CEO or originating management staff dead of heart attacks before 50.

Wayne
 
What a whiny dink. Sheesh! And who tells his employees that he's attached to his business 24/7 and then says they're jealous of his vacations?

Plus threatening his employees with termination if they don't pressure their politicians to cut their bosses taxes. The BOSS is a petty little baby.
 
FluffyMcDeath said:
What a whiny dink. Sheesh! And who tells his employees that he's attached to his business 24/7 and then says they're jealous of his vacations?

Plus threatening his employees with termination if they don't pressure their politicians to cut their bosses taxes. The BOSS is a petty little baby.

The letter is fictional,
but is the philosophy of Ayn Rand's Atlas Shrugged as faethor obliquely noted.

'Atlas Shrugged': From Fiction to Fact in 52 Years

and according to Joe Biden, this Boss is not patriotic.

As Wayne noted, when you're in business, you become an unpaid tax collector, and he left sales tax collections and the numerous employee unemployment taxes and withholding requirements off the list, and the self employment social security tax rate is 15.7% of your net income.
 
It does not pay to be a small business in America

According to that 'letter' it pays for a nice house and a Merc. ;-)
 
Thanks Wayne for posting that "letter". I'm not sure if it is fictional or real but the facts included inside are quite real and remind me of the guy who started our company (another Wayne btw). I've heard many of those same words before and while I may not agree with the author's final decision (giving up US citizenship) I cannot argue with most of the rest.

Regards,
Ltstanfo
 
This is obviously fictional, or written by a moron. Why would you shut down a company and not sell it? And if he can just shut it down and move to another nation and retire on the beach, well, wish I could do that at the drop of a hat. Can't say I have much sympathy for him.
 
metalman said:
The letter is fictional,
Duh! Obviously. Anyone who was really that whiny wouldn't have anyone willing to work for him and probably would have had all the teeth kicked from his head by now for being so annoying.
but is the philosophy of Ayn Rand's Atlas Shrugged as faethor obliquely noted.
Which lead me immediately to think that it was a propaganda piece put out by a "Think Tank" except it should have been more polished than that if it was. Then again, maybe they know the audience better than I do.

If it is think tank propaganda then it is just the usual cynical dreck where they try to agitate as if for the small businessman but any legislation that gets pushed through will benefit the big boys and everyone else will get screwed as usual.
 
If it is think tank propaganda then it is just the usual cynical dreck where they try to agitate as if for the small businessman but any legislation that gets pushed through will benefit the big boys and everyone else will get screwed as usual.

Well, yeah, of course.. Because, honestly, who is going to get taxed?

The upper-old money? Heck, no! They write the tax laws.

The poor? Nope... They don't have anything, anyhow. Taxing them will likely cause all sorts of revolt for very little return.

So, that leaves the working class. And, who in the working class gets it most? Well, the people with the most income.

And there you have it.
 
FluffyMcDeath said:
metalman said:
but is the philosophy of Ayn Rand's Atlas Shrugged as faethor obliquely noted.
Which lead me immediately to think that it was a propaganda piece put out by a "Think Tank" except it should have been more polished than that if it was. Then again, maybe they know the audience better than I do.

If it is think tank propaganda then it is just the usual cynical dreck where they try to agitate as if for the small businessman but any legislation that gets pushed through will benefit the big boys and everyone else will get screwed as usual.

Its an allegory, thats gone viral.

It was written to stimulate discussion by looking at taxation from a different perspective

My guess it came from a free market libertarian organization e.g.
Reason.org
Cato Institute

In the US, tax law incentives usually are biased toward small business because thats where most new jobs in the economy are created, its the regulations and paperwork requirements that can overburden a small business.

In Mexico, laws are used to eliminate small business competition.
 
metalman said:
It was written to stimulate discussion by looking at taxation from a different perspective
And there is part of the problem. No company nor man is an island. This is a rehash of the crap spewed by the Ayn Rand. Taxation doesn't occur in a vacuum. Perhaps what needs to be said is all the things these taxes go for. A country protected by the military, a city protected by police and fireman, roads so his product can be shipped to his consumers, roads so he can get to work, roads so his employees could get to work, schools to provide him an education, schools to provide an educated work force, social service programs so when someone is out of a job or unable to work they are able to live on something besides stealing from his business in the dead of night, parks so his employees can be healthy and take mental breaks and not break down into the psychoness that's encompassing him...

And of course the government and country determines the economic conditions. His feeling that economic conditions should determine the country is bullocks and a great failing of the modern Republican Party.
 
faethor said:
Taxation doesn't occur in a vacuum. Perhaps what needs to be said is all the things these taxes go for. A country protected by the military, a city protected by police and fireman, roads so his product can be shipped to his consumers, roads so he can get to work, roads so his employees could get to work, schools to provide him an education, schools to provide an educated work force, social service programs so when someone is out of a job or unable to work they are able to live on something besides stealing from his business in the dead of night, parks so his employees can be healthy and take mental breaks and not break down into the psychoness that's encompassing him...

Oooohhhh, look at all that evil socialism you listed!
 
Robert said:
Oooohhhh, look at all that evil socialism you listed!
How's this for 'socialism'. The answer to the US to to roll back the tax breaks. How far? All since 1980 would seem about right.
 
faethor said:
Robert said:
Oooohhhh, look at all that evil socialism you listed!
How's this for 'socialism'. The answer to the US to to roll back the tax breaks. How far? All since 1980 would seem about right.

"It's not that I want to punish your success, I just want to make sure that everybody who is behind you, that they've got the chance at success too ... I think when you spread the wealth around, it's good for everybody."

Obama_Therewillbetaxes_160.jpg
 
metalman said:
"It's not that I want to punish your success, I just want to make sure that everybody who is behind you, that they've got the chance at success too ... I think when you spread the wealth around, it's good for everybody."
$700B and perhaps another $1T to businesses which screwed up. This expense and interest will be borne by the middle-class, who pay a larger % of their income. Perhaps if there was success we wouldn't need to consider a way out of the hole Reagan started.
 
metalman said:
"It's not that I want to punish your success, I just want to make sure that everybody who is behind you, that they've got the chance at success too ... I think when you spread the wealth around, it's good for everybody."

Ideological poison to the upper classes but nonetheless true. When money is concentrated in too few hands the market becomes inefficient. Monopolies and monopsonies develop. Proper price discovery requires that most of the money is mostly evenly spread around.

Since, left to its unrestrained ways, capitalism redistributes wealth anyway, redistributing wealth is not what upsets people. When someone's wealth gets redistributed to you (as a gift, as a bet, as pay, etc) it's often viewed by the guy that gets it as pretty good. Wealth distribution the other way is what people get upset about. Right now your wealth is already being redistributed. If you make less than 200,000 a year, Dubya has already been redistributing your wealth to billionaires. Yeah! People who actually pay attention to silly things like numbers already know this, so a redistribution back the other way would only really amount to a settling of scores.

But, you know, redistributing wealth can even be good for those that have the most of it. Failing to at least appear magnanimous ends up with the upper classes taking a trip to the guillotine.
 
Failing to at least appear magnanimous ends up with the upper classes taking a trip to the guillotine.
Viva la Revolucion!
 
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