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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Neeka who wrote (315011)	7/16/2009 4:15:33 AM
From: Nadine Carroll	Read Replies (2) \| Respond to of 793868

Neeka, I'm unfamiliar with what kind of tax filing you are talking about. Are these $280k businesses filing as C Corps? How come their gross would be subject to the tax, not their profits? I'm missing something here.

To: Neeka who wrote (315011)	7/16/2009 9:44:22 AM
From: Jan W	16 Recommendations Read Replies (4) \| Respond to of 793868

Wholeheartedly agree. My business partner & I also made a conscious decision that our growth plan would not include hiring employees though, originally, this was not the case. We did it for all of the reasons you cite - and a bunch more. Side Note to Obama: pick whatever threshold you want - $250K, $275K, whatever. We'll stay below it and do just fine. I didn't make all the sacrifices that every small business owner makes during the early, lean years just so that my pocket could be picked by politicians. What we cannot produce ourselves, we sub out to other small pockets of people who, themselves, have "skin in the game". These other folks - small LLC or sub-S companies are usually a couple family members or friends that have formed their own little companies. All eager, strongly motivated and quality conscious. Because if they're not - their business and paycheck walks away. I held Sr. Management positions at a large co in VT and subsequently in MA & NH. Additionally, I had the "pleasure" (NOT!) of serving on one of the corporate EEOC "committees" - and, also, survived the many hrs of requisite human resource meetings after having a couple "hostile workplace" charges lobbed at me. (How DARE I suggest the employees show up for work on-time and not take every Monday off to nurse their hangovers! And it was a terrible sin that I let 2 lovely, elderly women speak French to each other in the workplace.) And, just like you, I went thru a similar situation to yours where I spent a wasted day in front of a State Employment Commission goon who awarded unemployment benefits to this employee even though she refused the job offer we extended when the company was relocated. She was offered a job, given termination benefits when she refused and when these benefits dried up she filed a claim with the State board and won. Even though the company had done everything right and she was owed nothing. When my biz partner & I started our company in 2000, we envisioned our growth to include hiring local talent and being a good, civic-minded, small town company. But not anymore. If you want to work for us now, it involves a lot more than just filling out an employment application and getting a paycheck. To share the reward, you're going to share the risk and be accountable for your own actions & work. Health care benefits, leave time requirements, all these new taxes and proposals being imposed each day by the clowns down there in DC. We have no more thoughts of growth through expansion of employee base.

To: Neeka who wrote (315011)	7/16/2009 10:15:12 AM
From: Alan Smithee	4 Recommendations Read Replies (4) \| Respond to of 793868

We pay a portion of our employees' health care expense. Actually it's a reimbursement plan where, depending on length of service, they get a set dollar amount annually that can be used to reimburse co-pays, medical insurance premiums, anything that would be deductible as a medical expense. If the idiots in DC come out with a mandate that we have to pay the full freight on health insurance policies for the employees, we'll have to eliminate positions. There is no way we can afford to pay the full amount of employee insurance.