March 6, 2009

And This One…

…arrived in my inbox a couple of days ago, one I thought I’d share.

A letter 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, someday, 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 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. 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 and your coworkers. 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

A Big Hat Tip to B.J.S.

by @ 12:24 pm. Filed under Punished For Success, Taxes

October 29, 2006

The Democrats And Taxes

According to such cartoon characters as Nancy Pelosi and other Democrats, should they manage to get enough of their fellow travellers elected so as to have a majority in the House of Representatives, with Pelosi expected to become Speaker of the House (well, Halloween is almost upon us, so what’s a good scare among friends?), one of the first priorities of the Democrats will be to stamp out the Bush tax cuts and roll back our taxes to 1990s levels.

If I were an enemy of the state, I would utterly destroy my hands applauding this ambition. Unfortunately, I am a patriot who loves America, to say nothing of the fact that I am also an American who lives and pays taxes here, so I must convey the blatant fact that I am not a fan of this intended tax increase.

I understand the Democrats’ need to tax me into the ground. Well, not exactly understand it, per se, but I realize that the Democrats have a serious problem with their fellow Americans being able to keep some of the money they earn and are fixated on the concept of raising taxes whenever the opportunity presents itself.

Some people are into sky diving, some people collect butterflies, some people are passionate stamp collectors, some people love archery, some tennis, some throwing rocks at passing cars, some surfing porn websites, some collecting sea shells, some climbing trees, others mountains…. Democrats are into raising taxes. It’s what they do, just as sucking blood is what mosquitos do, or what leeches do.

It’s not their fault, it’s simply who they are.

They particularly like to tax those who are successful, like the rich and like large, prosperous corporations, and are very much like Robin Hood — they take from the rich, and give to the poor. It makes them feel good — hell, it makes them feel great — stripping a big company of its investment capital plunges them into ecstasy.

Back in the 1980s, during the Reagan Administration, the greatest President in my lifetime stopped the bloodsucking practice of penalizing American business for its success, allowing it to keep its investment capital in order to put it to work, and lo and behold, despite the Democrats’ criticism of what they fondly referred to as Reaganomics, our economy exploded into a dynamo of successful professionals, low unemployment, newly created millionaires and prosperous companies.

This trend continued through the Bush 1 Administration, but then, alas and alack, American voters sent Bill Clinton, a Democrat, off to the White House.

Keeping to the sacred tradition of Democrats, he raised taxes, as usual targeting the rich.

Before the end of his second term (he was actually reelected, go figure!), we were plunged into recession. The unemployment rate soared, businesses struggling to stay afloat transferred record amounts of their production to outsourced labor pools and after Algore, Clinton’s Veep, lost the 2000 presidential election to George W. Bush, the newly elected President engendered massive tax cuts.

Naturally the Democrats, dismayed that Americans were being permitted to keep more of their earnings, mounted yet another of their innumerable bumper-sticker friendly campaigns — “The Republicans have given tax cuts to the rich, screwing the poor as always!”

That was worth, at the very least, a good chuckle, since every American taxpayer was entitled to the cuts. The Democrats somehow managed, once realizing that they really couldn’t produce any low income working folks who were being either neglected or recieving the fid, cited poor people on welfare and other premature social security venues who weren’t benefiting from the tax cuts, the fact that these people didn’t pay any income tax to begin with notwithstanding… they actually forced the government to give something “back” to these noncontributors as well.

Meanwhile, the tax cuts enabled corporate America and smaller business people to use the “surplus” equity to expand existing business and create new enterprises.

The result has been a major rebound in our economy and a serious decrease in the unemployment rate that is still adjusting downward. America is again flourishing!

But let’s not be too confident, friends, okay? We still haven’t had this year’s elections, so we don’t actually know where we stand.

We’re pretty confident about holding a Republican majority in the Senate, but there has been a lot of negative conjecture regarding the House majority after 7 November. Personally, I believe we’ll hold our majority there, as well, though we’ll have a few less seats.

But…

Should the Democrats gain a majority in the House Of Representatives, they will raise taxes, and you can bet your bottom dollar, assuming you still have one, that the late 1990s recession will return even more quickly than it went away.

Of course, the Democrats will find a way to blame Bush….

August 21, 2005

A Passing Thought

AT & T paid the price for becoming top dawg in telecommunications — they got broken up into a bunch of Baby Bells. Didn’t someone name a cheese or something after those?

Microsoft is forever paying a price, legal fees not the least as someone, somewhere always seems to be litigating something at them.

So, now here’s Mom and Pop, sitting out in their backyard in Harvard, Illinois, Mom sipping coffee while Pop reads the paper.


Pop glances up and says, “Well, they’re goin’ after Wal Mart now.”

What price, success?

by @ 9:39 pm. Filed under Punished For Success