A small business owner on the ATS boards provides us with an epic retirement and business closure letter.
Free At Last! Free At Last!
After 30 years of owning a business and seeing the government take bigger and bigger shares of my profits to give to the moochers and parasites of this nation, today is the day! After six months of planning with my tax attorney and my accountant, I am happy to report that I will no longer abet the thieves and slave masters that have taken over this country.
For six months my accountant, tax attorney, and I met trying to project what the cost of doing business in the years ahead will be and how to position my company to survive the continuing economic downturn and new federal taxes and regulation that are being instituted. Needless to say, it has been an eye opening experience.
No one seems to have any factual numbers or information that would allow us to make quantifiable projections regarding the cost of new fees, taxes, rules, and penalties associated with Obama care, the new regulations on 1099 forms, new business taxes, both state and federal, as well as business associated reporting requirements, and the decline of readily available capital. Combine this with the increased cost of each employee and the downturn in sales and services, and it’s almost impossible to determine even a good estimate of what the cost of doing business will be in the coming years. That being said, the projections we did come up with were to put it mildly deplorable. So after seeing the writing on the wall, and with October and the new fiscal year looming, we went from trying to keep the business running to salvaging what we could of it to pay for my retirement. We have succeeded!
So, to all you socialist, to all the wealth redistributionist who think I should give back even more of my hard earned dollars, and to all the just plain low life moochers who have ruined this country, I wanted to let you know you will get no more from me! As of today I will be letting go of the short end of the stick. I have sold off my business assets, closed the doors, and retired to my 200 acre ranch where I will watch from the sidelines as the nation slowly sinks into the mire of socialism. I have structured my assets and earnings in such a way that I have made sure that when my wife and I reach 62.5 yrs we will receive all the social security benefits we are entitled to. My monthly income from my personal savings and retirement plans are structured in such a way as to insure that rather than pay income taxes, I will be getting tax refunds. My house and land are paid for, and I will even get subsidies from the government for some of my land. While I will never get back even 20% of the monies I have paid into this Ponzi scheme, I will get back just as much as I possible can. I will no longer be supporting the thugs, criminals that run our country nor will I any longer support the inept and socialist policies. But as I have been told time and time again I should give something back. So here you go.
This is what I am giving back.
187 employees that I had on salary will now be able to join the growing population of those on unemployment… Rather than paying taxes on the income I paid them, they will now be receiving tax credits, and handout from the government coffers.
187 people who will no longer be contributing to social security.
87 families that will be getting healthcare from the federal government rather than 1paying into the socialist, rationed, healthcare that is coming down the pike.
187 families that will no longer be paying state, and local, taxes on their income.
187 families will have to cut their expenses to make ends meet, thus contributing to the downturn in business in the local area.
The government will lose an estimated 1.3 million dollars in business taxes, fees, licenses, payroll taxes, penalties, not to mention the corp. income taxes on profits from my company.
To all the producers out there I say get out while the getting is good! No longer support this oppressive government and its wealth redistribution schemes.
To all of the moochers and parasites out there. I leave you with a line from my favorite movie. “ I fart in your general direction. Your mother was a hamster and your father smelt of elderberries, now go away or I shall taunt you a second time”
You will get no more from me!!!!!
Reproduced in full with the authors permission.