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Originally posted by Hefficide
This particular case, however, strikes me more along the lines of a temper tantrum - right up there with the folks who threatened to downsize if Obama was elected. Personally speaking, I love wings - but I would NOT buy them from this person because I do not, at all, appreciate their apparent attempt to punish other Americans for their voting choices.
Whatever happened to sense of community anyway?
Originally posted by macman
reply to post by missed_gear
Now, imagine if we had one of those Fed Income Tax holidays people always whisper about.
Or, as more and more people go 1099, that they become more and more aware just how much money is sucked out of the American Workers pockets by the Govt.
The Govt has a win win. They take the money with no real risk, and hand it out like Santa Clause every month.
Originally posted by FreebirdGirl
This guy is a selfish pig. Not because he is a business owner but because he seperates himself from his employees. I am sure he can pay his health premiums but he does not care if his employees can do the same.
If one of these business owner would pull out their profit and loss statement and actually show how the healthcare law impants their ability to maintain their lifestyle I would have sympathy for them. But to make your employees assume all the costs( healthcare,wage stagnation) and risks(right to work states, quality of life) at your gain is evil. It seems business are so use to entitlements they are unwilling to give. One question how does this 5% of sales work when it exceeds what healthcare premiums would have costs? Does the owner pocket the excess as profit?
Originally posted by missed_gear
Restaurants Net-Net, depending on many other factors, the range of 8-17%. Maybe.
Already taxed, I'll use Texas for example. 17.5% of Liquor, beer and wine sales not allowed to show in your bill as a "sales tax", due every month on the 20th. 8.25% of food sales due every quarter.
Labor, don't forget about matching Social Security at 7 1/8% of wages, depending on 1099 or W2, etc. A 1% franchise tax, whether you make money or not...of you Net sales. 10k per million in sales! On top of taxes that are paid on all utilities, PPE and property taxes etc.
Add another projected 8-10%, does not make sense to stay in business.
I see where these guys are going, it is to bring this to the front out of protest. I can say, personally. The government makes more out of my businesses than I do. We are taxed to death, now more 'fees'. Other's I have spoken to most likely will close and take the short-term loss and write it off.