The business I and my wife own is an employer of others. Often I reflect on the 60+ hours a week I am physically at the warehouse, and the rest of the waking hours spent at least mentally there. I thought I would share my thoughts with you, but there is one little problem… Someone did it for me. I didn’t write it. But let me offer a mere sample..
Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have 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 a decade of my life for. Yes, business ownership has is benefits but the price I’ve paid is steep and not without wounds. Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why: I am being taxed to death and the government thinks I don’t pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time.
Read it to the bottom at the source. The incredible insipid idiocy of the elected special needs dropouts who pass tax law and generally have a run of the treasury for their looter friends. Speaking of looters as well is a writer to Michelle Malkin:
As my income increased, I paid my ever-increasing tax bills. I paid for my company, and I paid for myself. In reality, I was double taxed – taxed on company income, taxed on private income. I paid regardless. I was and am never late. I knew I would most likely never, ever see anything close to a payback on my tax payments. The money went to pay for a bloated, increasingly non-representative government that was run in the interest of the political party in power, not the individuals they were elected to represent.
Bottom line is this folks.. Business will disappear as the looters pile on the burdens. There reaches a point where all we do is enable their theft of our best efforts and we get nothing.. so why try?
That’s the dirty little secret about statist tax policy, isn’t it? There’s a line on the chart where it officially makes more sense NOT to work than it does to work.
And we’re running up that hill right now, full steam.
–Nick
http://www.RightMichigan.com