posted to rec.boats
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First recorded activity by BoatBanter: Jun 2008
Posts: 5,868
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Small business surviving Obamanomics
In article 9c1cfb77-3a28-463b-bc0a-
,
says...
I have no problem Offering reasonable health insurance (big deductable
and large co-pay) but Obama wants me to offer a gold plated health
plan I cannot afford and then threatens to charge me 8% of revenue if
I do not. Simple solution is to get rid of employees. Now, I can
either hire someone who I will have difficulty laying off when things
go bad AND have Obama punish me for not buying a gold plated health
plan OR, I can simply contract with the guys in India to make the
circuit for me, it is a no-brainer.
Recently, the IRS started ragging on me about our SIMPLE retirement
plan so I thought about it and decided that since I do not
participate, why should I give the IRS further reason to make my life
difficult so...........end of SIMPLE. I save money and make my life
easier. You see, when you make business too difficult, some of us can
simply walk away. I mean, I was giving my people a free 5% match of
their contribution but the IRS decided to be a PITA, well, I figure no
good deed goes unpunished so, end of SIMPLE, no more good deeds AND I
let them know why I ended it.
Obama voters, It is YOUR fault and I am simply going sailing instead
of worrying about employees.
Contract with someone else to supply your labor.
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