Skip to comments.CEO Threatens to Fire Employees If Obama Is Reelected and Raises Taxes (I am John Gault)
Posted on 10/09/2012 3:12:16 PM PDT by calico_thompson
To All My Valued Employees,
As most of you know our company, Westgate Resorts, has continued to succeed in spite of a very dismal economy. There is no question that the economy has changed for the worse and we have not seen any improvement over the past four years. In spite of all of the challenges we have faced, the good news is this: The economy doesn't currently pose a threat to your job. What does threaten your job however, is another 4 years of the same Presidential administration. Of course, as your employer, I can't tell you whom to vote for, and I certainly wouldn't interfere with your right to vote for whomever you choose. In fact, I encourage you to vote for whomever you think will serve your interests the best. [...]
Now, the economy is falling apart and people like me who made all the right decisions and invested in themselves are being forced 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 42 years of my life for. Yes, business ownership has its benefits, but the price I've paid is steep and not without wounds. Unfortunately, the costs of running a business have gotten out of control, and let me tell you why: We are being taxed to death and the government thinks we don't pay enough. We pay state taxes, federal taxes, property taxes, sales and use taxes, payroll taxes, workers compensation taxes and unemployment taxes. I even have to hire an entire department to manage all these taxes. The question I have is this: Who is really stimulating the economy? Is it the Government that wants to take money from those who have earned it and give it to those who have not, or is it people like me who built a company out of his garage and directly employs over 7000 people and hosts over 3 million people per year with a great vacation?
Obviously, our present government believes that taking my money is the right economic stimulus for this country. The fact is, if I deducted 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? Who wants to get rewarded only 50% of their hard work? Well, that's what happens to me. [...]
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Business is at the heart of America and always has been. To restart it, you must stimulate business, not kill it. However, the power brokers in Washington believe redistributing wealth is the essential driver of the American economic engine. Nothing could be further from the truth and this is the type of change they want.
So where am I going with all this? It's quite simple. If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company. Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone.
So, when you make your decision to vote, ask yourself, which candidate understands the economics of business ownership and who doesn't? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of protecting and saving your job. While the media wants to tell you to believe the "1 percenters" are bad, I'm telling you they are not. They create most of the jobs. If you lose your job, it won't be at the hands of the "1%"; it will be at the hands of a political hurricane that swept through this country.
You see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about.
Signed, your boss,
Real?? We received an email from our CEO encouraging us to contact Washington about the fiscal cliff. Shocking as the company has been apolitical since I started. Sign of the times.
If he plans to retire it would make more sense for him to sell the business as a going concern rather than simply shut it down.
Your resort sucks. Its dirty and full of bugs and your employees don’t care. Your employees deserve to be fired and so do you.
Signed, your customer
It needs to be read by someone, put on Youtube and have it go viral.
Anyone up for the challenge?
Can somebody explain this to me?
The US has 310 million people.
While it is true that many liberals work for the government, are entertainers who don’t meet payrolls and have their production companies do all their heavy lifting, there has to be a large group of liberals and Democrats who work in the private sector and understand basic economics.
So who are these private sector liberals who own small, medium and large businesses who embrace being taxed multiple times on their income as a corporation and as individuals, on capital gains, and who have to pay payroll taxes, have to pay sales taxes, and have to pay a multitude of excise taxes and user fees, as well as pay a massive property tax bill twice a year for crappy schools?
Who are these liberals who have to live in the real world every single day but then vote against their interests every election?
I seriously don’t get it.
“Who is ‘John Gault?’”
Those aren’t bugs, those are features!
An imposter! I know a John Galt!
David Siege, you didn’t build that!
Who is John Gault? A writer of bad Hollywood movies maybe?
So many people voted for Bam in 2008 based upon the emotion of the times, the idea that he represented all their frustration in being held back due to race, gender, etc. When you ask them now, only a few percent will tell you the truth of why they did this and if they regret it. Many are sorry, but they actually blame middle age white guys for “making them do it”.
I am guessing a LOT regret their decision, but will tell no one if they intend to change their vote this time around. They see what a light weight and a disaster the Bamster is, the truth has been revealed. Who wants to admit they were duped.
People will not vote their self interest on this thing, the race will be very close. White guilt and “social justice” are very powerful motivators.
He’s late to the party. I shut down my business and retired in 2009. The future was clear. More work, more risk, less return.
No thanks. I’m small potatoes, only 4 jobs were lost directly. But there are hundreds of thousands like me. We are fine, young people are going to pay extra for their healthcare so mine can cost less.
It is the young are are getting screwed by Obama. Oh wait, there’s also those who thought they were nearing retirement, only to find out they get to keep working with no retirement in sight.
People want to know who you are on this thread.
I don’t get it either....my husband has one he associates with (college football)....he’s a local business owner but will likely vote for the “O”....IGNORANT is all I can say.
It is so funny, when you look at these liberals that do have companies (that guy that ran for the Green party for years), they employee conservative business values, take all of the tax breaks they can, but then want to force everyone else to pay more taxes. They are hypocrites!
He didn’t threaten anything. He simply told the truth. I’ve started two small businesses and will tell you point blank that I’ve had to let employees go when my taxes went up. I had to do that in 1993 after Clinton raised taxes and I was a small Computer Consulting shop.
I sold off that business when the government made more off the fruits of my labors than I did. I tried again in 1995 as a small ISP with 22 employees and exited that business in 1997 for the same reason: taxed to death.
When sixty cents or more of every dollar you make goes to some form of local, county, state or federal tax, it’s time to quit. Frankly I admire this CEO for going on record with his employees a d spelling it out for them.
I know John Galt.
John Galt is a friend of mine.
You sir, are no John Galt.
That’s probably what he’s do.
It’s possible though, that if his business is worth scrapped, then sold, if the business climate is that bad. Sell off the pieces, if you will.
keyboard spew alert
I don’t think he means it, as a point of revenge, but rather as a rational response to the economic climate of the times.
There’s a lot of dumbasses that proclaim, “I vote Democrat because Democrats are for the working man.” Seriously, that’s what they’ve been told and they believe it. There’s a couple of variations (Republicans only care about the rich and so on). They are, in a word, ignorant.
“If he plans to retire it would make more sense for him to sell the business as a going concern rather than simply shut it down.”
I KNEW John Galt, and YOU, John Gault, are no John Galt.
Been on ‘slow roll’ since 2009. Feel like I’ve been ‘left behind’. If O is reelected by 2014, I will not have any employees, only contractors (or owner operators). I worked all these years for this? I always thought I could out run them.
For example, I can no longer talk to my step mother about politics, since she is such a flaming liberal.
As an example, she rants about "the 1%," but at the same time she works in the office of an aesthetist, as the only employee, other than the owner. She goes on and on about how much business has slowed, since "the 99%" can't afford those services any more, and how greedy "the 1%" is. Somehow, she doesn't understand that her employer is one of those so called "1%," as are their clients. If the government penalizes them even more, there will be even less business, possibly to the point where the business owner can no longer afford to employ her. But she just doesn't "get it."
There was a ‘tale’ (probably a hint of truth and a hint of BS), but supposedly RFK (in his role as AG) made a tour of plants in the south and his first question was in regards to “How many employees, how many Black etc” and then ‘threaten’ if it was overwhelmingly White.
Asked the question one plant owner said how many Black am I supposed to have working here? 74.
He was given a number, called his secretary and said bring me the Employees list, count down to 75 Blacks and fire all after that.
Turning to RFK “Sir, you should do your homework, I have over 150 Black employees here, but I will have it down to your ruling shortly”
Oops! You beat me to it. I didn’t look down far enough.
Motorola folded up his division (white collar folks) and shipped the whole thing kit and kaboodle to a new, modern facility in Poland.
His friend, another long timer, was laid off last year...and still hasn't found a job, most likely due to age.
The company LAID OFF 4000 LAST MONTH in addition to the thousands already laid off and more to come.
There's no jobs for these folks unless they hit something lucky almost by accident. Resumes are sent out, but nothing is happening, anywhere.
Thanks, Big Bird Bama!
I have half a hunch he will lose Illinois, a hard-core blue state (almost bankrupt and totally corrupt), in the upcoming election.
What really gets me is how no one says how house values have gone down under zero and if he wins house will go down another 30%. Mark my words.
I wish Romney/Ryan would get that out.
We need jobs to make house values grow again.
“Who are these liberals who have to live in the real world every single day but then vote against their interests every election?”
In my experience they are the ones who grew up with every thing they wanted and think its what they are entitled too.
I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine.
In the long term that goes for union members as well although they will do better than most until they and Obama destroy the economy.
Then they will have to compete with the rest of America, dumpster diving to feed our kids.
I didn’t see anyone ask “Who is John Galt?”
I saw a few ask “Who is John Gault?”
I went from a six figure paycheck 3 years ago to STARTING my own (much smaller) business that I knew would be in the red for several years. I went Gault. I have NO employees.
In mt heart, I AM JOHN GALT( I am also Andrew Breitbart).
Happens to the best of us, gmta. ;-)
OK, It’s been over 40 years since I read the book. Spank me.