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  1. #1
    Atomic Punk Viking's Avatar
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    12.14.17 @ 03:26 PM
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    Default A Letter From The Boss.

    I got this in an email this morning:

    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 apartment was converted into an office so I could put forth 100% of my 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 Nordstrom's for the latest hot fashion item, I was trolling through the discount stores 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, would be able to afford these luxuries my friends supposedly had.

    So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, 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 bailout 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, and Unemployment taxes. Taxes on taxes and 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 about 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 and 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....

    The first to be fired will be the ones with Obama stickers on their vehicles..

    Signed, THE BOSS
    "Viking - last to sleep, first to rise, last to leave, that's how the Nords of old rocked the house." ~ timmac in the 'Texas Linkers' thread talking about yours truly. :-)

  2. #2
    Atomic Punk
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    fucking classic.

  3. #3
    Eruption nicholas_kudochop's Avatar
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    08.08.17 @ 07:08 PM
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    Why is it always the guys who struggle from day to day..the guys who have lost the most under Republican "leadership"...and the guys that have the most to lose (in terms of basic needs in order to survive) that continue to defend them? I don't get it.

  4. #4
    Sinner's Swing!
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    10.27.17 @ 06:31 PM
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    Default

    nice lol!!

  5. #5
    Sinner's Swing!
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    What's so funny about it is how true it is. Everybody wants to raise corporate taxes because "they are rich, they have all the money." There's a reason they have all the money, and a reason they pack up and leave, and take jobs with them.

  6. #6
    Sinner's Swing! Bullwinkle's Avatar
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    06.07.15 @ 10:30 AM
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    From Slate.com:

    "The very rich in America pay taxes at a lower rate than most working people, and, due to a wrinkle in the tax code, private-equity partners enjoy some of the lowest tax rates of all. At a Hillary Clinton fund-raiser in New York last month, Warren Buffett, no stranger to wealth, told an audience filled with bankers and real-estate developers the system was, in effect, rigged. "This is what Congress in its wisdom did: the 400 of us [here] pay a lower part of our income in taxes than our receptionists do, or our cleaning ladies, for that matter." Buffett (who is a director of NEWSWEEK's parent, The Washington Post Company) offered a million dollars to any fellow magnate who could prove he had higher tax rates than his secretary."







    Don't read this.

  7. #7
    Hang 'Em High sickman's Avatar
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    12.16.17 @ 05:11 AM
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    Nice, I sent it to my boss.
    I used to jog but the ice cubes kept falling out of my glass.

  8. #8
    Eruption
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    02.15.10 @ 08:33 PM
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    Great letter. If I was your boss, in his position, I'd probably do the same thing. Don't get me wrong, it is always sad when people lose jobs, especially now.

    Wasn't this the land of opportunity? The place where you can start from nothing and become whatever you want depending on making smart decisions, great ideas and how hard you work.

    I guess this is now the land of mediumness.

    Regardless of how hard you work or if you work, regardless of talent, regardless of how you manage your finances or if you even try, regardless of smart and bad decisions, no matter what you do, Obama wants everyone to be middle class. Tax the living death out of the rich, give no incentives for the middle class to improve and give the poor the world (no matter what they do with it) in hopes they will one day become middle class.

    Sounds like utopia to me...

  9. #9
    Sinner's Swing! Bullwinkle's Avatar
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    06.07.15 @ 10:30 AM
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    War on the Rich?
    The bogus GOP claim that Obama is trying to bleed wealthy Americans.
    By Daniel Gross
    Posted Thursday, March 5, 2009, at 6:09 PM ET

    To hear conservatives tell it, you'd think mobs of shiftless welfare moms were marauding through the streets of Greenwich and Palm Springs, lynching bankers and hedge-fund managers, stringing up shopkeepers, and herding lawyers into internment camps. President Obama and his budgeteers, they say, have declared war on the rich.

    On Tuesday, Washington Post columnist (and former Bush speechwriter) Michael Gerson argued in an op-ed that "Obama chose a time of recession to propose a massive increase in progressivity—a 10-year, trillion-dollar haul from the rich, already being punished by the stock market collapse and the housing market decline." The plans are so radical, "there will not be enough wealthy people left to bleed." CNBC's Larry Kudlow wrote that "Obama is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds." Other segments on the financial news network warn of a tax on the rich, a war on the wealthy. My personal favorite was a piece from ABCNews.com, which had to be rewritten and reposted because the original was so poorly done. (The revised version isn't much better.) It quotes a dentist who is contemplating reducing "her income from her current $320,000 to under $250,000 by having her dental hygienist work fewer days and by treating fewer patients. [That way, she] would avoid paying higher taxes on the $70,000 that would be subject to increased taxation if Obama's proposal is signed into law."

    It's hard to overstate how absurd these claims are. First, let's talk about the "massive increase in progressivity" that Gerson deplores. It consists largely (but not exclusively) of returning marginal tax rates to their levels of 2001, before Gerson and the epically incompetent Bush administration of which he was a part got their hands on the reins of power. Obama wants to let marginal rates for families with taxable income (not total income, but taxable income) of more than $250,000 revert from 33 percent to 36 percent, and to let the top rate—currently 35 percent on family income above $357,000—revert to 39 percent. There's also talk of capping—not eliminating, but capping—deductions on charitable giving and mortgage interest.


    Obama's proposals don't mean the government would steal every penny you make above the $250,000 threshold, or that making more than $250,000 would somehow subject all of your income to higher taxes. Rather, you'd pay 36 cents to the government in income taxes on every dollar over the threshold, rather than 33 cents.

    Second, this return to 2001's tax rates was actually part of the Bush tax plan. The Republicans who controlled the White House and the Republicans who controlled the Congress earlier this decade decreed that all the tax cuts they passed would sunset in 2010. They put in this sunset provision to hide the long-term fiscal costs of the cuts. The Bush team and congressional supporters had seven years to manage fiscal affairs in such a way that they would be able to extend the tax cuts in 2010. But they screwed it up. Instead of controlling spending and aligning tax revenues with outlays, the Bush administration and its congressional allies ramped up spending massively—on two wars, on a prescription drug benefit for Medicare, on earmarks, etc. Oh, and along the way, they so miserably mismanaged oversight of Wall Street and the financial sector that it required the passage of a hugely expensive bailout. Even before the passage of the TARP, the prospect of extending all the Bush tax cuts was a nonstarter. Once Bush signed the $700 billion bailout measure into law, extending tax cuts was really a nonstarter. The national debt nearly doubled during the Bush years. So if you want to blame someone for raising taxes back to where they were in 2001, don't blame Obama. Blame Bush, his feckless Office of Management and Budget directors, his economic advisers, and congressional appropriators like Trent Lott and Tom DeLay.

    Third, we know from recent experience that marginal tax rates of 36 percent and 39 percent aren't wealth killers. I was around in the 1990s, when tax rates were at that level, and when capital gains and dividend taxes were significantly higher than they are today. And I seem to remember that we had a stock market boom, a broad rise in incomes (with the wealthy benefitting handily), and strong economic growth.

    Fourth, we also know from recent experience that lower marginal rates on income taxes, and lower rates on capital gains and dividends, aren't necessarily wealth producers. The Bush years, which had lower marginal rates and capital gains taxes, were a fiasco. In fact, if you tally up the vast destruction of wealth in the late Bush years—caused by foolish hedge funds, investment banks, and other financial services companies, it seems like the wealthy have in fact been waging war on one another.

    Finally, there has been a near total absence of discussion of what higher rates will mean in the real world. Say you're a CNBC anchor, or a Washington Post columnist with a seat at the Council on Foreign Relations, or a dentist, and you managed to cobble together $350,000 a year in income. You're doing quite well. If you subtract deductions for state and property taxes, mortgage interest and charitable deductions, and other deductions, the amount on which tax rates are calculated might total $300,000. What would happen if the marginal rate on the portion of your income above $250,000 were to rise from 33 percent to 36 percent? Under the old regime, you'd pay $16,500 in federal taxes on that amount. Under the new one, you'd pay $18,000. The difference is $1,500 per year, or $4.10 per day. Obviously, the numbers rise as you make more. But is $4.10 a day bleeding the rich, a war on the wealthy, a killer of innovation and enterprise? That dentist eager to slash her income from $320,000 to $250,000 would avoid the pain of paying an extra $2,100 in federal taxes. But she'd also deprive herself of an additional $70,000 in income!

    Can she, or we, really be that stupid?







    Don't read this.

  10. #10
    Eruption DiveBomb's Avatar
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    Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bailout 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.
    That's the part that really irks me. People want to live beyond their means, and they want to be debt free. You just can't have both! And the people with common sense and self-control get screwed over.
    Van Halen will rock your face off!

  11. #11
    Hang 'Em High
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    12.16.17 @ 05:15 AM
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    I like the email, very ballsy and pointed.

    Anyways, nobody can convince me that thousands of rich business men are making up BS excuses because they don't want to lose their private jets and car collections. Nobody can deny a pathetic distribution of wealth in our societies.
    That said, I am not saying businessmen are evil, wrong, or anything like that. But we have is a society based on excess, where we piss money for fun. The economy was destined to fail under either watch, considering many of the shortcomings were sewn during a republican regime, political affiliations have little to do with the failure of our economy at the end of the day.

  12. #12
    Atomic Punk
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    07.24.11 @ 04:36 PM
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    I'm not alarmed by the return to previous tax levels. I'm alarmed by the manner in which the move is being framed...it does reek of class warfare.

    Obama doesn't alarm me because he wants to roll back the bush tax cuts, he alarms me because we have very visible people pledging alliegance to him instead of the nation.

    Obama doesn't alarm me because Bush sucked too, he alarms me because he bathes his pro-government agenda as being somehow full of "change" and "hope." The only people I think this benefits are those in the government, those in executive positions in certain companies and the poor who will receive scraps from the table in exchange for their votes 2 and 4 years from now.

    Obama alarms me because instead of moving to reduce government intrusion into our lives, I see an expansion. This is the same thing that alarmed me about Bush.

    So yeah, the article is very informative but it doesn't even begin to make me think that this giant mess we're isn't as giant as it is.

  13. #13
    Eruption
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    02.15.10 @ 08:33 PM
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    Quote Originally Posted by nicholas_kudochop View Post
    Why is it always the guys who struggle from day to day..the guys who have lost the most under Republican "leadership"...and the guys that have the most to lose (in terms of basic needs in order to survive) that continue to defend them? I don't get it.
    Ahh, it pretty much said the economy has nothing to with their jobs, in fact he said it was strictly political. So under GWB he benefited from corporate tax cuts- under Obama he will benefit increased corporate taxes, personal income taxes and increased capital gain taxes if he chooses to invest profits that his company makes...


    Maybe I misunderstood you, I dunno.
    Last edited by nothingontv; 03.10.09 at 09:38 AM.

  14. #14
    Sinner's Swing! Bullwinkle's Avatar
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    06.07.15 @ 10:30 AM
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    Quote Originally Posted by DiveBomb View Post
    That's the part that really irks me. People want to live beyond their means, and they want to be debt free. You just can't have both! And the people with common sense and self-control get screwed over.
    I agree, that is frustrating.

    The argument on the other side is: You, the responsible homeowner, run the risk of having your investment--your home--worth much much less because houses around you are going bankrupt. All of a sudden, your $200,000 home is now worth $150,000--if you're lucky in some neighborhoods--and good luck finding a buyer even at that price if houses all around you are standing empty.
    It's the same logic that Washington (under both administrations) has been using to bail out Wall Street. The "good" investors are getting creamed even though they didn't do anything wrong.

    There are good arguments on either side of the issue. Should we allow the market to function "naturally" even though some innocent people will get hurt simply for being in the wrong place at the wrong time? Or, should we step in and help, and in the process "reward" people who were greedy and stupid.

    It's a rock and a hard place.







    Don't read this.

  15. #15
    Sinner's Swing!
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    Quote Originally Posted by broken9500 View Post
    Obama alarms me because instead of moving to reduce government intrusion into our lives, I see an expansion. This is the same thing that alarmed me about Bush.
    Agreed 100%. I don't think we've had what I would call a "fiscally conservative" President in a long time, at least 20 years, probably longer actually.

    I don't care whether they are Conservative, Liberal, Liberalist, Carpetbagger, or whatever. JUST QUIT SPENDING SO MUCH MONEY!!!!

 

 

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