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Obama's Patriot Corporation Act-This guy is scary!As a small business owner, a President Obama is a scary thought. His own web site contains his version of a "Patriot" act. The provisions require that I: * Invest in American jobs, by maintaining or increasing the number of full-time workers in America relative to the number of full-time workers outside of America AND by maintaining corporate headquarters in America if the company has ever been headquartered in America. * Pay decent wages, by paying each worker an hourly wage that would ensure that a full-time worker would earn enough to keep a family of three out of poverty (at least $ 7.80 per hour). * Prepare workers for retirement, by providing either a defined benefit plan OR a defined contribution plan that fully matches at least 5% of worker contributions for every employee. * Provide health insurance, by paying at least 60% of each worker’s health care premiums. * Support the troops, by paying the difference between regular salary and military salary for all National Guard and Reserve employees who are called for active duty AND by continuing their health insurance coverage for the Guard member and his or her family. This man needs to understand that I'm in an industry that it struggling to stay alive in this economy. That said,I would gladly keep a serviceman's job open even though it would cost me dearly without the job's revenue and, in the case of 2-3 of these "paying the difference between his salary and the military pay" it would mean closing my business and putting everyone out of work. What about my freedom to contract with my employees for the best wage I can afford to pay. I'd love to provide their health insurance and someday hope to do so, but to do so now would break the business. Guess I'm just not the type Barack considers worthy to have government permission to exist. BTW---I do understand the proposed bill is for a tax credit, but how long would it take to add a line that adds a surtax for those little guys who can't afford to comply? samtheman's blog | login to post comments |