View Single Post
Old 10-01-2010, 06:51 PM  
tony286
lurker
 
tony286's Avatar
 
Industry Role:
Join Date: Aug 2002
Location: atlanta
Posts: 57,021
Quote:
Originally Posted by Ethersync View Post
Have you ever made a sizable investment in anything before?
Yep my business of 10 yrs. You make 10 million dollars you get $100,000 tax break. Are you really going to run out to hire someone?
You have a biz you cut your payroll in half but the numbers are excellent even though sales are down profitability is way up. Because the people left are scared shitless and working twice as hard to protect their jobs. You get a tax break are you going to hire someone?
During the height of the bush years,my dad worked for one of the biggest health ins companies in america and they were constantly laying off and sending customer service offshore. They said it made them leaner and the chairman got a half a billion dollar bonus. He got the tax breaks and no one was hired but a shitload were laid off.
tony286 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote