Letter From the Boss -My Butt

reply to post by zarp3333


What letter?
Nevermind. I found it.

Crony capitalism as practiced today in the West is organized crime. The only difference is that this mafia, unlike the lower level Tony Soprano type mobs, owns the government, the media, the judiciary, and all the politicians, so they legalize their own crimes.

Politicians don't matter. Only people who don't understand the system care passionately and naively about political parties.

These criminals steal through government contracts, tax breaks, military-enforced resource extraction, and legislated monopolies on usury and money creation. They are thieves and killers, nothing less, nothing more.

The only thing that matters is crime. We have a crimogenic system run by and for criminals. It's not more complicated than that.

Originally posted by jtma508
No question that 'letter' is just a fabricated piece of propaganda. There have been several versions floating around for years. Check Snopes. Of course, pointing that out to the thread trolls went right over their heads. Why let facts get in the way of good solid personal prejudices? We're screwed, face it. They've wrested complete control of the country and to a large extent the global economy. And there are enough shoeple out there buying the fear-and-loathing story that they will continue to run rooughshod over the rest of us until we are eventually forced to hunt them down, one-by-one, hiding in storm drains.

It's not about taxing the rich. It's not about 'redistribution of wealth'. It's about having one set of rules for everyone. A level economic playing field that encourages and not squashes competition. It's a system that requires some responsibility to the general good of the country and not a singular focus on profits and the bottom line. These businesses built their fortunes on the backs of workers we all paid to educate; on roads, fire, police, etc. that we pay for.

The wealthy elite are absolutley no different than people like Kadafi. They see themselves as a completely different breed. They truly believe they are entitled to their lifestyles and whatever they need to do to maintain and extend it --- at any cost. They believe that they are inherrently different and superior to us. And that is what allows them to do the things they do without any guilt or conscience. That either changes or it will end very badly. The writing, as they say, is on the wall. I hope they can read.

WELLLLLLL EFFFIN PUT!

reply to post by whoocares


That ould sayin..'It's Never Too Late'' Arab springs to mind..

Perfect and direct to the point of the matter. That would have even made Hunter S. Thompson proud.
Star and flag from me for this.

Like the majority of my father's immigrant clients and friends, I also became a Republican as soon as I started making money running my own successful business.

My father, a survivor of the Great Depression, held fast to his FDR Democratic principles. He felt his friends were selfish, short-sighted and had been corrupted by the wealth. He felt they had turned their backs on the party and principles that had lifted them out of the poverty they had left behind in the Mediteranean islands.

At the time, I resented my father for the empathy I perceived as weakness. I thought him to be a sucker, a softy, nearly a sap. I argued for "anarchic capitalism."

I had fallen for the Reagan Republican propaganda. "Cutting taxes on the rich will have a trickle down effect. Every dollar saved will be no different than found money, like a lottery ticket. The rich will use the money to buy goods and services they otherwise would not have purchased. It will stimulate the economy."

I also believed that regulations stiffled the economy. They were barriers put in place by jealous bureaucrats and the EPA was the result of snobbish "Do Gooders" who would place the needs of a pigmy sperm whale or an owl before the needs of hardworking Americans.

Today I wish I could tell my father how I had let my greed, personal wants, immaturity and character defects help me rationalize belief in the propaganda. I can understand his position.

He grew up in a Pennsylvania mining town where the environment was so choked with pollution, the sun was
blotted out from the sky and the river was devoid of life. The environment that is shared by all citizens, was in effect owned by the steel companies.

Everything has become crystal clear to me in the last few months. It could not be more obvious that monied interests control virtually every facet of public life. They own politicians. They control mass media and have infiltrated every segment from advertisements to websites to radio and print. They control marketing, think tanks research and university grants and research. They control much of the agriculture and have a lock on pharmaceuticals. they control the educational system and indoctrination of our children. The armed forces have become one of the most profitable industries of all and it is through that power they project themselves all over the globe.

All of this has been slowly abdicated over to them by distractions, indifference and the fact that both parents must work to survive.

Two things must happen to put an end to the madness.
1.We must let them understand through peaceful means there are simply way more of us than them and we are aware.
2. We must collectively agree on the relative value of every job.

By that I mean, deciding for instance the value of a banker relative to a engineer, an executive secretary relative to a carpenter and so on. Part of the value was determined by a fair tax code and other liabilities ascribed to corporations. Part of the value had been determined by minimum wages and benefits.

All of it must be mediated by elected officials who truly serve the interests of the 99%. How we get fromhere to there, I'm not sure but OWS is a start.

I would love to see what would happen if there were 10,000,000 peaceful protesters surrounding Capitol Hill blocking all roads and access to the House and Senate. Those greasy pols and their $5,000 toupees must be made aware just how small and impotent they truly are when surrounded by the millions of citizens they have sworn to protect yet continue to screw on a daily basis with no more a thought than the flush of the toilet after their daily constitutional.

Dont have anything to add to your OP as it was so well written. Just to say that it is a complete pleasure to read something like this on ATS. I hope you get some applause for it from a kindly mod.

So I have a quick couple questions for everybody who wants this "fair tax" so that bosses cant take their profits and do what they will with them.

When the business looses money, will you be willing to sacrifice your own paycheck to keep it going?

Are you willing to be at work hours before the other workers get there, just to open up the place, without compensation?

Are you willing to go home later then the other workers if your needed too, without compensation?

Are you willing to sacrifice your time with your family just to better your hopes of making a bottom line?

How about sacrificing your weekends to put in that extra bit of work that needs to be done, are you willing to give those up?

Are you willing to make close to nothing for the first couple of years in hopes of the business taking off in the future?

Are you willing to look at somebody else who you know personally has problems with money at their home and tell them they have to be laid off because demand is way down and your overstaffed?

Im willing to bet that for the most part, these answers are no.

Most small businesses make over $200,000 a year. When you increase their taxes they have to lay off people or cut their pay or most likely both to make up for the difference and be somewhat viable. Also, most small businesses put away most of the profit they earn for the future, i.e. those times when its dead slow at work and nothing is really happening, yeah, the company is loosing money keeping you there. Not everybody, actually most small businesses, dont get lucky like G.E. and not have to pay taxes period on their profits. Most people do try to not have to pay as much when they own a company, but so do you, dont you? Im willing to bet many people here on this thread take as many deductions as they can so they can either pay less or get a fatter check at the end of the year back from the gov.

P.S. Its 10:15 here in FL and im about to get caught up on more work instead of going to bed so that my families company can keep going and make a profit for us all the while employing about 100 people who otherwise would be S.O.L. for a while without a job (not many people are hiring in the construction industry). What are other 30 year olds doing at 10:00 on a friday night for the most part? Probably out having some fun and spending some of their hard earned money, I know most of my friends are.

Originally posted by zarp3333


I would love to see what would happen if there were 10,000,000 peaceful protesters surrounding Capitol Hill blocking all roads and access to the House and Senate. Those greasy pols and their $5,000 toupees must be made aware just how small and impotent they truly are when surrounded by the millions of citizens they have sworn to protect yet continue to screw on a daily basis with no more a thought than the flush of the toilet after their daily constitutional.

Oh man, would I love to see that as well.

reply to post by zarp3333


I am working on a "document," and I was wondering if you would like to to add insight.

what an awesome post well written !
Thank you for posting

Originally posted by dizzie56
Im willing to bet that for the most part, these answers are no.

Then you would be wrong. Like the OP, I was born in 1961 and every job I've held that had any responsibility attached had all the requirements you listed. You work nights, weekends, come early and stay late if you want to get ahead at anything in this world. You do it without compensation and hope that it eventually pays off.


Most small businesses make over $200,000 a year.


That's the payoff. When you're a small business owner or an employee in a large business and crack the 200K ceiling, congratulations. But it's time to stop crying poverty and hardship. You're earning as much as six average families.

Star and Flag!!! I wish there was a way, here on ATS, to put together a "wish list" for the next President, Congress, etc. I'm seeing some agreement from the normally arguing factions here where I think we, as a group, could come up with something well-stated and possible. For example...I think we could all (or the majority) agree on a flat-tax. If we 10K+ (I believe) members could put a list together and post it prominently, maybe that would make a difference.

Originally posted by theclutch
can someone post the "leter from a boss" I'm not sure what your talking about.

op your words do ring true. here in canada farmers do the same thing. you have a trucking business and a farm. If you make to much trucking, then you buy a new tractor for the farm so you pay almost no tax. if the farm makes to much money then it buys the truck new tires or trailer or a new truck. same idea in a smaller way!

Here you go. Letter from the Boss...ATS

reply to post by zarp3333


It takes gaining maturity to reach such an epiphany, many of us fell for the Reaganomics ideas.

It would take more then 10 million around Capitol Hill before they would listen, but it could happen, there are far more then that who are under or unemployed, and just as many who have lost their homes due to the total lack of economic sense shown by our government.

reply to post by dizzie56


Small business owners are not the only ones that sacrifice.

Yes, not only am I willing to do all of those things, I have done most of them. I have worked 80-100 hours a week just to keep my family afloat. I have sacrificed weekends and holidays so that I could pay my family's medical bills. I have worked 340 days straight because it needed to be done.

At 30 years old, I was working one full-time job, one part-time job, and going to school full-time. My nights were for homework and the occasional nap.

One more thing, the fair or flat tax concept simply means that everyone pays the same percentage on their earnings, thus treatly fairly. Herman Cain proposes 999, 9% income tax, 9% corporate tax, and 9% national sales tax, the only portion of this I do not agree with is the sales tax. I, as a wage earner, would be paying less with this program, then the present approximately 18% that I now pay.

Originally posted by mythatsabigprobe

That's the payoff. When you're a small business owner or an employee in a large business and crack the 200K ceiling, congratulations. But it's time to stop crying poverty and hardship. You're earning as much as six average families.

Exactly, that is the payoff. You work your butt off to eventually make some more money. Money that right now is being taxed at over 30%. Dont you think that if you do all this and then finally make a couple bucks you would want to try and keep as much as possible? I know I will if I ever make that much money.

Originally posted by gamesmaster63
reply to post by dizzie56

 

Small business owners are not the only ones that sacrifice.

Yes, not only am I willing to do all of those things, I have done most of them. I have worked 80-100 hours a week just to keep my family afloat. I have sacrificed weekends and holidays so that I could pay my family's medical bills. I have worked 340 days straight because it needed to be done.

At 30 years old, I was working one full-time job, one part-time job, and going to school full-time. My nights were for homework and the occasional nap.

One more thing, the fair or flat tax concept simply means that everyone pays the same percentage on their earnings, thus treatly fairly. Herman Cain proposes 999, 9% income tax, 9% corporate tax, and 9% national sales tax, the only portion of this I do not agree with is the sales tax. I, as a wage earner, would be paying less with this program, then the present approximately 18% that I now pay.

I understand that small business owners arent the only ones that sacrifice and you have been thru some hardships. But, take all that you said in your first two paragraphs and then add in that you end up putting your own check back into the company so you and others can have a job down the line. That is the big difference.

My brother runs his own barbershop and he goes thru the same thing as you. He gets to work early, stays late, sacrifices time with his girl and our family and he is currently looking for a second part time job, not much luck right now tho. But at the end of the week he has to put in half of whatever money he made back into the business just to keep it afloat. And im not talking profit, it comes out of his own cuts and tips. The rest of his money goes for whatever bills he has like his car and phone, he cant even afford to move out of my parents house right now. The benefits of going thru all this are that one day he hopefully wont have to do this and that his couple employees have a place to work. Yes, they go thru some hardships themselves but he aint asking them to throw in half of their moneyat the end of the week and neither are other business owners.

Also, I understand the flat tax concept and agree that it would be nice, in part. I dont necessarily like Cain's ideas for the exact reasons you stated. 9% on income and 9% on corporate tax would be great...but that 9% on sales tax is a horrible idea. You and many others forget that their will be state and even sometimes city and county taxes on top of that as well. Currently where I live, I only pay 7% sales tax on things that I buy. Now add in Cain's 9% and that bumps it up to 16% on everything I buy...and thats if congress doesnt add a couple of points to each part of the 999 plan.

Im sorry if you thought that I was disagreeing with the flat tax idea in whole. The point I was trying to get across is that if your a business owner and as the OP suggested and work your butt off for years only to see that when you finally make some money the government wants more then 30% of it then wouldnt you want to try and take as many tax benefits as possible to keep some of that money?

You really have to look at this idea of making every coproration who earns more then $200k a year in the context of how it will affect small business owners. Ill agree that the top tier of businesses in America have to much power in Congress and that we are really corporatized as a nation. But that is something you need to fight at the voting booth to get rid of the ars' that are letting it happen in Congress. Because pushing an idea that its perfectly and totally fair for any corporation that makes over $200k to pay more than 30% and not give any types of deductions isnt going to go over well for anybody. Mass layoffs and wage reductions will ensue and more and more people will be out of work. Complaining about how business owners take deductions when everybody else does the same thing is kind of hypocritical to say the least.

Originally posted by dizzie56

better your hopes of making a bottom line?

How about sacrificing your weekends to put in that extra bit of work that needs to be done, are you willing to give those up?

Most small businesses make over $200,000 a year. When you increase their taxes they have to lay off people or cut their pay or most likely both to make up for the difference and be somewhat viable. Also, most small businesses put away most of the profit they earn for the future, i.e. those times when its dead slow at work and nothing is really happening, yeah, the company is loosing money keeping you there. Not everybody, actually most small businesses, dont get lucky like G.E. and not have to pay taxes period on their profits. Most people do try to not have to pay as much when they own a company, but so do you, dont you? Im willing to bet many people here on this thread take as many deductions as they can so they can either pay less or get a fatter check
at the end of the year back from the gov.

P.S. Its 10:15 here in FL and im about to get caught up on more work instead of going to bed so that my families company can keep going and make a profit for us all the while employing about 100 people who otherwise would be S.O.L. for a while without a job (not many people are hiring in the construction industry).
What are other 30 year olds doing at 10:00 on a friday night for the most part? Probably out having some fun and spending some of their hard earned money, I know most of my friends are.

The questions you ask are rational and valid. I am by no means advocating any form of communism. I never would have taken the chance to open a bar if the busboy made near as much money as I did.

What I am saying is this. Although I raised the capital, took all of the risk, invested in college and worked harder than the Honduran busboy, the bar could not have operated without him.

What is a "fair" split of the income? During the first 5 years it was open, I made about $240,000/year. The busboy made about $25,000. The dishwasher made half of that.

I never had a problem making 10 times more money than the busboy or 20 times the dishwasher. I would say what i brought to the table was worth 10 or 20 even 40 times more. How much is too much?

We can all agree that income should be a function of intelligence, hard work risk and luck. But we live in a society where bankers are making 100 - 1,000 times more than a teacher. That is absolutely insane. The same goes for the Dominican baseball player making 1,000 times more than the Dominican dishwasher.

Does the banker or ball player really bring 1,000 times more value to our society?

It's sometimes hard to convey the life of an entrepreneur to the hourly employee. I applaud your hard work and success. Many families depend on you for their wellbeing. I bet you are a fair steward.

What do you think is fair?

reply to post by dizzie56


I've started and run small businesses and have made a decent living. These arguments come up from time-to-time and they all have the same flaw --- they confuse revenue with profit. A properly structured small business pays taxes ONLY on the profit which is revenue minus all expenses including the salaries of its owners. A business' ability to pay its workers or hire new workers is based on revenue, not profit. There are many, many companies that are not making profit that still pay their workforce. Look at GE. They paid no taxes and generated obscene revenue. They may be gaming the system which certainly needs some overhaul but businesses can and must deduct real expenses from their revenue.

People who start businesses rather than take jobs do so for one of three primary reasons --- 1) they value independence over risk; 2) they feel they have a chance of making more money working for themselves; 3) if they are successful the business will increase in value and can be sold. The last one is the biggie and is largely the answer to your question. That's why small business owners put heart and soul into their endeavors. For the big payday at the end. Their workers have no share in that.