We won’t let the same thing happen here. Not in California. Not this year. Not to our candidates.
Sign below to take the pledge and add your comments to send a message to the teabaggers and their candidates: "Not in California."
Teri, I would advise you to take a different approach. Send the actual link to your friends in CA and have them fill out the form, using "Teabagger" as the middle name. Imagine their fear if they begin to get thousands of responses with "John teabagger Smith" (example only) as names. Don't run from the tactic, turn it back on them. Be like a trojan horse and turn their own strategy on them. They'll shut it down quick.
Post the link directly here also and I can get many responses. They won't know.... Use the "Alinsky" playbook (the progressive radical manual) right back at em'.
All the best. Keep fighting the good fight.
ps. I'll post a letter for you to review here next...... check back
The danger to America is not Barack Obama but a citizenry capable of entrusting a man like him with the presidency. It will be easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president.
The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince. The republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools such as those who made him their president.
The Employee Meeting: I would like to start by thanking you for
attending this meeting, though it's not like you had much of a choice.
After all, attendance was mandatory. I'm also glad many of you accepted
my invitation to your family members to be here as well. I have a few
remarks to make to all of you, and then we'll retire to the ballroom for
a great lunch and some employee awards.
I felt that this meeting was important enough to close all 12 of our
tire and automotive shops today so that you could be here. To reassure
you, everybody is being paid for the day --- except me. Since our stores
are closed we're making no money. That economic loss is mine to sustain.
Carrington Automotive has 157 full time employees and around 30
additional part-timers. All of you are here. I thank you for that.
When you walked into this auditorium you were handed a rather thick
78-page document. Many of you have already taken a peek. You were
probably surprised to see that it's my personal tax return for 2008.
Those of you who are adept at reading these tax returns will see that
last year my taxable income was $534,000.00. Now I'm sure this seems
rather high to many of you. So ... let's talk about this tax return.
Carrington Automotive Enterprises is what we call a Sub-S - a Subchapter
S corporation. The name comes from a particular part of our tax code.
Sub-S status means that the income from all 12 of our stores is reported
on my personal tax return. Businesses that report their income on the
owner's personal tax return are referred to as "small businesses." So,
you see now that this $534,000 is really the total taxable income - the
total combined profit from all 12 of our stores. That works out to an
average of a bit over $44,000 per store.
Why did I feel it important for you to see my actual 2008 tax return?
Well, there's a lot of rhetoric being thrown around today about taxes,
small businesses and rich people. To the people in charge in Washington
right now I'm a wealthy American making over a half-million dollars a
year. Most Americans would agree: I'm just another rich guy; after all
... I had over a half-million in income last year, right? In this room
we know that the reality is that I'm a small business owner who runs 12
retail establishments and employs 187 people. Now here's something that
shouldn't surprise you, but it will: Just under 100 percent ... make
that 99.7 percent of all employers in this country are small businesses,
just like ours.
Every one of these businesses reports their income on a personal income
tax return. You need to understand that small businesses like ours are
responsible for about 80 percent of all private sector jobs in this
country, and about 70 percent of all jobs that have been created over
the past year. You also need to know that when you hear some politician
talking about rich people who earn over $200,000 or $500,000 a year,
they're talking about the people who create the jobs.
The people who are now running the show in Washington have been talking
for months about raising taxes on wealthy Americans. I already know that
in two years my federal income taxes are going to go up by about 4.5
percent. That happens when Obama and the Democrats allow the Bush tax
cuts to expire. When my taxes climb by 4.5 percent the Democrats will be
on television saying that this really isn't a tax increase. They'll
explain that the Bush tax cuts have expired .. nothing more. Here at
Carrington we'll know that almost 5% has been taken right off of our
bottom line. And that means it will be coming off your bottom line.
Numbers are boring, I know ... but let's talk a bit more about that
$534,000. That's the money that was left last year from company revenues
after I paid all of the salaries and expenses of running this business.
Now I could have kept every penny of that for myself, but that would
have left us with nothing to grow our business, to attract new customers
and to hire new employees. You're aware that we've been talking about
opening new stores in Virginia Beach and Newport News . To do that I
will have to buy or lease property, construct a building and purchase
inventory. I also have to hire additional people to work in those
stores. These people wouldn't immediately be earning their pay. So,
where do you think the money for all of this comes from? Right out of
our profits .. right out of that $534,000. I need to advertise to bring
customers in, especially in these tough times. Where do you think that
money comes from? Oh sure, I can count it as an expense when I file my
next income tax return .. but for right now that comes from either
current revenues or last year's profits. Revenues right now aren't all
that hot ... so do the math. A good effective advertising campaign might
cost us more than $300,000.
Is this all starting to come together for you now?
Right now the Democrats are pushing a nationalized health care plan
that, depending on who's doing the talking, will add anywhere from
another two percent to an additional 4.6 percent to my taxes. If I add a
few more stores, which I would like to do, and if the economy improves,
my taxable income ... our business income ... could go over one million
dollars! If that happens the Democrats have yet another tax waiting,
another five percent plus! I've really lost track of all of the new
government programs the Democrats and President Obama are proposing that
they claim they will be able to finance with new taxes on what they call
And while we're talking about health care, let me explain something else
to you. I understand that possibly your biggest complaint with our
company is that we don't provide you with health insurance. That is
because as your employer I believe that it is my responsibility to
provide you with a safe workplace and a fair wage and to do all that I
can to preserve and grow this company that provides us all with income.
I no more have a responsibility to provide you with health insurance
than I do with life, auto or homeowner's insurance. As you know, I have
periodically invited agents for health insurance companies here to
provide you with information on private health insurance plans.
The Democrats are proposing to levy yet another tax against Carrington
in the amount of 8 percent of my payroll as a penalty for not providing
you with health insurance. You should know that if they do this I will
be reducing every person's salary or hourly wage by that same 8 percent.
This will not be done to put any more money in my pocket. It will be
done to make sure that I don't suffer financially from the Democrat's
efforts to place our healthcare under the control of the federal
government. It is your health, not mine. It is your healthcare, not
mine. These are your expenses, not mine. If you think I'm wrong about
all this, I would sure love to hear your reasoning.
Try to understand what I'm telling you here. Those people that Obama and
the Democrats call "wealthy Americans" are, in very large part, America
's small business owners. I'm one of them. You have the evidence, and
surely you don't think that the owner of a bunch of tire stores is
anything special. That $534,000 figure on my income tax return puts me
squarely in Democrat crosshairs when it comes to tax increases.
Let's be clear about this ... crystal clear. Any federal tax increase on
me is going to cost you money, not me. Any new taxes on Carrington
Automotive will be new taxes that you, or the people I don't hire to
staff the new stores I won't be building, will be paying. Do you
understand what I'm telling you? You've heard about things rolling
downhill, right? Fine ... then you need to know that taxes, like that
other stuff, roll downhill. Now you and I may understand that you are
not among those that the Democrats call "wealthy Americans," but when
this "tax the rich" thing comes down you are going to be standing at the
bottom of the mud slide, if you get my drift. That's life in the big
city, my friends ... where elections have consequences.
You know our economy is very weak right now. I've pledged to get us
through this without layoffs or cuts in your wages and benefits. It's
too bad the politicians can't get us through this without attacking our
profits. To insure our survival I have to take a substantial portion of
that $534,000 and set it aside for unexpected expenses and a worsening
economy. Trouble is, the government is eyeing that money too ... and
they have the guns. If they want it, they can take it.
I don't want to make this too long. There's a great lunch waiting for us
all. But you need to understand what's happening here. I've worked hard
for 23 years to create this business. There were many years where I
couldn't take a penny in income because every dollar was being dedicated
to expanding the business. There were tough times when it took every
dollar of revenues to replenish our inventory and cover your paychecks.
During those times I earned nothing. If you want to see those tax
returns, just let me know.
OK ... I know I'm repeating myself here. I don't hire stupid people, and
you are probably getting it now. So let me just ramble for a few more
minutes. Most Americans don't realize that when the Democrats talk about
raising taxes on people making more than $250 thousand a year, they're
talking about raising taxes on small businesses. The U.S. Treasury
Department says that six out of every ten individuals in this country
with incomes of more than $280,000 are actually small business owners.
About one-half of the income in this country that would be subject to
these increased taxes is from small businesses like ours. Depending on
how many of these wonderful new taxes the Democrats manage to pass, this
company could see its tax burden increase by as much as $60,000. Perhaps
I know a lot of you voted for President Obama. A lot of you voted for
Democrats across the board. Whether you voted out of support for some
specific policies, or because you liked his slogans, you need to learn
one very valuable lesson from this election. Elections have
consequences. You might have thought it would be cool to have a
president who looks like you; or a president who is young, has a buff
body, and speaks eloquently when there's a teleprompter in the
neighborhood. Maybe you liked his promises to tax the rich. Maybe you
believed his promise not to raise taxes on people earning less than a
certain amount. Maybe you actually bought into his promise to cut taxes
on millions of Americans who actually don't pay income taxes in the
first place. Whatever the reason .. your vote had consequences; and here
Bottom line? I'm not taking this hit alone. As soon as the Democrats
manage to get their tax increases on the books, I'm going to take steps
to make sure that my family isn't affected. When you own the business,
that is what you're allowed to do. I built this business over a period
of 23 years, and I'm not going to see my family suffer because we have a
president and a congress who think that wealth is distributed rather
than earned. Any additional taxes, of whatever description, that
President Obama and the Democrats inflict on this business will come
straight out of any funds I have set aside for expansion or pay and
benefit increases. Any plans I might have had to hire additional
employees for new stores will be put aside. Any plans for raises for the
people I now have working for me will be shelved. Year-end bonuses might
well be eliminated. That may sound rough, but that's the reality.
You're going to continue to hear a lot of anti-wealth rhetoric out there
from the media and from the left. You can chose to believe what you wish
.. .but when it comes to Carrington Automotive you will know the truth.
The books are open to any of you at any time. I have nothing to hide. I
would hope that other small business owners out there would hold
meetings like this one, but I know it won't happen that often. One of
the lessons to be learned here is that taxes ... all taxes ... and all
regulatory costs that are placed on businesses anywhere in this country,
will eventually be passed right on down to individuals; individuals such
as yourself. This hasn't been about admonishing anyone and it hasn't
been about issuing threats. This is part of the education you should
have received in the government schools, but didn't. Class is now