Posted on 06/18/2012 7:29:44 PM PDT by Kaslin
I pay 5% of my payroll for state unemployment. I just got a special bill to pay the interest on the federal money.
I have two close relatives, both of whom have told me their companies will have to fold if Obama is re-elected.
My wife and I both had lucrative businesses in 08. In 09 mine folded and hers will need to if the _astard is re-elected. That’s a total of 80 unemployed people on our end.
In addition to his war on religion, Hugo Hosni Obama, the Food Stamp President is waging war on small business. His ideal solution is to ruin small business and have everyone work for the big companies like Government Motors or GE under union overseers. Essentially communist slavery!
LLS
“conformed”=Confirmed
The government has made it so freaking expensive to employ someone legally that it is no wonder that many construction companies are willing to hire illegal aliens under the table.
At the end of the day all any of us are witnessing is theft by government. This is not America anymore.
Glad for the POST
17% work for government
13% work for large corporations
70% work for small business
99% of even FOX Business News and talking politicians are about the government and Wall St, yeah they talk about lowering taxes like that’s going to do a small business guy any good who isn’t making any @ now.
No one really seems to care or try to analyze what has happened to the small entrepreneur in America
Funny how half the people posting on this site have no sympathy for this Business Owner.
Thanks Vintage Freeper for posting this:
“I have little to no faith in romney doing anything but continuing in obama’s foot steps.’
If you’re talking about economic policy, that’s a stupid statement.
Ditto. Working on proposals right now. 16 to 18 hours a day in one form or another most days.
We have work but it just takes more and more effort to do less and less that is profitable.
All small business people live in fear of what unknown law or rule they have violated that can end their business with penalties and such. The whole mess is just relentless.
Eventually you chuck it. The days of people who had businesses for years and years are ending. The kids don’t wnat them because they have seen their parents ground down to dust under the heel of the government, lawyers and live as slaves for their employees.
Thanks Kaslin.
I’ll give you a viewpoint from business startups that I haven’t heard yet.
I started a company recently to compete in a multibillion dollar industry that is poorly served and desperate for a better product. So I invented the better product. I have several choices for getting it to market and realizing its profit potential. I can slug it out and go private industry. I can go for venture capital and take on financial partners. Or I can sell it to the Chinese that are willing to pay above top dollar and walk away a rich man.
Due to the government burdens, slugging it out isn’t an option. The risk of failure can become too great, and the loss of profits to taxes is beyond ridiculous.
Venture capital is risky as well and comes with it their total domination with me getting far less than expected.
The Chinese are willing to buy it outright and work hard to make the product successful. They stand an excellent chance of making that happen. The Chinese are willing to take my product outside the US and evade US taxes. The US wants basically half my dough. Half. For what??
When Congress and the rest of the polidiots get together they fail to remember places like the Soviet Union tried to keep people and resources inside but the country eventually failed. Half the people in this country pay taxes to feed the other half that are too lazy and stupid to feed themselves.
bingo!
My husband’s company is in the same boat. The business won’t be able to make a profit when the taxes for Obamacare kick in. Other taxes such as unemployment and workman’s comp have also skyrocketed.
This is Atlas Shrugged coming to REAL LIFE! Close your business and take your money and risk capital off the table.
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