To All Employees,
There
have been some rumblings around the office about the future of this
company, and more specifically, your job. Well the time has come for
some facts to be laid out on the table. As you know, the economy has
changed for the worse. The changing political landscape in this country
and the second term of this President has made my decision for me.
However,
let me tell you some little tidbits of fact which might help you decide
what is in your best interests when you are considering your next
moves.
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 paid for with after tax dollars. ( and no its not a
hybrid with some tax break from Obama) and I know that some of you have
mumbled about it... but hey I earned it and you could have too if you
worked like I did. 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 Goodwill 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 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
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, has eclipsed 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 $888,000
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 52 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 $888,000 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. I QUIT! I AM CLOSING THE BUSINESS!
With
all the new taxes and regulations levied on me and my company,With
Obamacare about to become mandatory in 2015 now... my reaction are swift
and simple.
I'm done You can plead with the government to pay
for your mortgage, your SUV, and your child's future. Frankly, it isn't
my problem any more. You were not prepared to fight alongside me for
what was our collective American Dream.. So I am done.
I am
closing this company down, and retiring. Yes 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 go
your jobs. I am sorry but at some point I must stop. Read the book
Atlas Shrugged... you'll understand it all better.
You lost your
job not because the American Economy was not viable. You lost it
because the Obama Cabal is hell bent on destroying you.. THE WORKING
MIDDLE CLASS. He has a plan to fundamentally transform America into a
Socialist Oligarchy. He has steamrolled the constitution, and he along
with his IRS, OBAMACARE, EPA, DHS, HHS, EBT PROGRAMS, AND A HOST OF
OTHER REGULATORY AGENCIES will have changed its landscape forever. Soon
he will take away your guns through various regulations. Then you will
not be able to resist. You will all meekly become nameless workers in a
Socialist system. RFID chip and all !!
Its happening right before
your eyes and you do nothing. I have the luxury of being able to quit
while I am ahead. Before they stop us from doing through some new
banking regulation I will now transfer my LEGAL MONEY out of the
country. .. my family and I will be sitting on a beach, retired
somewhere with no employees to worry about....
Now the time has
come for you to worry about yourselves. If you are not prepared to open
your eyes and see what is coming you will deserve what you WILL get.
I for one, like hundreds of thousands of small business owners am done playing your "Daddy" ... ask the Obama Cabal to do that!!
Signed,
Your Boss
The HiV of Western Culture
4 years ago
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