Quote:
Originally Posted by cudaspaz
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Dear Fellow Business Owners,
As a the owner of a business who employs 30 people, I have resigned myself to the fact that Barack Obama will be our next President, and that my taxes and government fees will go up in a BIG way.
To compensate for these increases, I figure that the Customer will have to see an increase in my prices to them of about 8%. I will also have to lay off 6 of my employees. This really bothered me for a while, as I believe we are family here and didn't know how to choose who will have to go.
So, this is what I did. I strolled thru the parking lot and found 8 Obama bumper stickers on my employees' cars. I have decided these folks will be the first to be laid off. I can't think of a more fair way to approach this problem.
If you have a better idea, let me know. I am sending this letter to all business owners that I know.
Sincerely
Ward
JOOA Corp.
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If you are small business owner with a taxable income of $500,000, your taxes on the income from $250K to $500K will go from the current value of $90,000 to the new value of $97,500.
Can you provide any logical answer whereby you need to layoff an employee due to your loss of aftertax income in the amount of $7,500?
Your examples are really wildly off the mark and it shows that you don't know anything about Obamas tax plan (I'm presuming that you agree with the post........otherwise wouldn't have posted it).