Here is a question.

C

ChesusRice

Well-Known Member
Just found out my former boss
got a tax loan from the village of xxxxxx, assistance from a county program that provided translation services for Hmong employees, and a tax break embedded in the 2009 federal economic stimulus

This guy is a real capitalist
 
heckler73

heckler73

Well-Known Member
ChesusRice said:
Just found out my former boss
got a tax loan from the village of xxxxxx, assistance from a county program that provided translation services for Hmong employees, and a tax break embedded in the 2009 federal economic stimulus

This guy is a real capitalist
Click to expand...
It sounds like he was pretty desperate on the margins if he needed that kind of incentive to move.
Is it conceivable the company would've folded if he stayed? That is, in all seriousness, were you aware of any of the accounts in the company? You may have been surprised by the "meager" (I use that term relatively speaking) profit he pulled from the operations.
 
kelly4

kelly4

Well-Known Member
heckler73 said:
It sounds like he was pretty desperate on the margins if he needed that kind of incentive to move.
Is it conceivable the company would've folded if he stayed? That is, in all seriousness, were you aware of any of the accounts in the company? You may have been surprised by the "meager" (I use that term relatively speaking) profit he pulled from the operations.
Click to expand...
Come on! The guy is obviously a capitalist, he must have billions!
 
C

ChesusRice

Well-Known Member
heckler73 said:
It sounds like he was pretty desperate on the margins if he needed that kind of incentive to move.
Is it conceivable the company would've folded if he stayed? That is, in all seriousness, were you aware of any of the accounts in the company? You may have been surprised by the "meager" (I use that term relatively speaking) profit he pulled from the operations.
Click to expand...
He had 2 plants
one here and one up north.
They both made money
He will make a lot more up north.
 
C

ChesusRice

Well-Known Member
NLXSK1 said:
Why are you going to work for another evil company who pays you the same shitty wages when you can simply make millions for yourself?
Click to expand...
Maybe becuase I dont have the resources that you have.
Or I didnt inherit a business like my former boss did.
 
NLXSK1

NLXSK1

Well-Known Member
ChesusRice said:
Maybe becuase I dont have the resources that you have.
Or I didnt inherit a business like my former boss did.
Click to expand...
What resources do you assume I have? My pool business was built from scratch while I was living off of a loan I now have to pay back.

So, are you saying you cannot make millions without the company assets?? Did you help pay for those assets while you were making the company these millions of dollars? Were you buying the raw materials? Were you doing the advertising, billing, shipping, etc?

42 people worked there. Were they just window dressing or did they make your boss millions of dollars too?? Did he make 80 million dollars a year or maybe your math is a bit distorted eh? Based on the number of employees your participation would be slightly over 2% of the company. You take a million and multiply it by 2% and you get 20,000. Now, you include expenses, taxes, etc and you are likely down to maybe 5-10K if you are lucky. At 5K he his making about 200K per year, at 10K he is making a little over 400K per year profit off of the labors of the employees.

If you are getting paid $20.00 per hour you are bringing in 40K per year and likely costing at least 10K on top with matching, benefits, medical, whatever... So, it costs your boss 50K per year to make between 5 & 10K per year. He is making 10-20% profit off your labor but of course he is a greedy fucking bastard that just doesnt pay you enough. Do you understand that?? You get to KEEP 80-90% of what you make with a private company. The government takes far more than what your boss did... But of course the government can do no wrong and it is just your greedy ass boss that is the problem...

And of course the CHEEKY BASTARD had the balls to move his plant to be more convenient for himself and didnt consult YOU about the move. And even though he offered you continued employment and YOU turned it down, he is the bad guy. And you wonder why he might not appreciate employees like you?
 
Harrekin

Harrekin

Well-Known Member
NLXSK1 said:
What resources do you assume I have? My pool business was built from scratch while I was living off of a loan I now have to pay back.

So, are you saying you cannot make millions without the company assets?? Did you help pay for those assets while you were making the company these millions of dollars? Were you buying the raw materials? Were you doing the advertising, billing, shipping, etc?

42 people worked there. Were they just window dressing or did they make your boss millions of dollars too?? Did he make 80 million dollars a year or maybe your math is a bit distorted eh? Based on the number of employees your participation would be slightly over 2% of the company. You take a million and multiply it by 2% and you get 20,000. Now, you include expenses, taxes, etc and you are likely down to maybe 5-10K if you are lucky. At 5K he his making about 200K per year, at 10K he is making a little over 400K per year profit off of the labors of the employees.

If you are getting paid $20.00 per hour you are bringing in 40K per year and likely costing at least 10K on top with matching, benefits, medical, whatever... So, it costs your boss 50K per year to make between 5 & 10K per year. He is making 10-20% profit off your labor but of course he is a greedy fucking bastard that just doesnt pay you enough. Do you understand that?? You get to KEEP 80-90% of what you make with a private company. The government takes far more than what your boss did... But of course the government can do no wrong and it is just your greedy ass boss that is the problem...

And of course the CHEEKY BASTARD had the balls to move his plant to be more convenient for himself and didnt consult YOU about the move. And even though he offered you continued employment and YOU turned it down, he is the bad guy. And you wonder why he might not appreciate employees like you?
Click to expand...
I just liked one of your posts.

Although I agree with its content, I don't think I can shower enough...
 
greenlikemoney

greenlikemoney

Well-Known Member
NLXSK1 said:
What resources do you assume I have? My pool business was built from scratch while I was living off of a loan I now have to pay back.

So, are you saying you cannot make millions without the company assets?? Did you help pay for those assets while you were making the company these millions of dollars? Were you buying the raw materials? Were you doing the advertising, billing, shipping, etc?

42 people worked there. Were they just window dressing or did they make your boss millions of dollars too?? Did he make 80 million dollars a year or maybe your math is a bit distorted eh? Based on the number of employees your participation would be slightly over 2% of the company. You take a million and multiply it by 2% and you get 20,000. Now, you include expenses, taxes, etc and you are likely down to maybe 5-10K if you are lucky. At 5K he his making about 200K per year, at 10K he is making a little over 400K per year profit off of the labors of the employees.

If you are getting paid $20.00 per hour you are bringing in 40K per year and likely costing at least 10K on top with matching, benefits, medical, whatever... So, it costs your boss 50K per year to make between 5 & 10K per year. He is making 10-20% profit off your labor but of course he is a greedy fucking bastard that just doesnt pay you enough. Do you understand that?? You get to KEEP 80-90% of what you make with a private company. The government takes far more than what your boss did... But of course the government can do no wrong and it is just your greedy ass boss that is the problem...

And of course the CHEEKY BASTARD had the balls to move his plant to be more convenient for himself and didnt consult YOU about the move. And even though he offered you continued employment and YOU turned it down, he is the bad guy. And you wonder why he might not appreciate employees like you?
Click to expand...
Now there is a person who understands business, you could learn much from him chesus.
 
Harrekin

Harrekin

Well-Known Member
NLXSK1 said:
Not only that but I am Irish!! LOL!!
Click to expand...
I'll let you in on a secret, when we hear Americans say they're "Irish" we laugh a lot inside.

You might as well be saying you're Batman who fucks mermaid princesses all day long whilst shooting Uzis at terrorists...
 
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