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A very important thing for people to realize about business revenue is that "revenue" is completely different than "profit".  I learned this from a struggling farmer when I was younger who told me his farm did over $4 million in annual revenue.  I instantly jumped to the conclusion that he was a millionaire.  He then explained to me what turn-over meant and showed me how much it costs to run a farm.  Having that little nugget of understanding I have gone from seeing a $500,000 a year company as being filthy rich to looking at their operation and wondering how some of them even survive!  Many of them won’t if this bill is passed.

posted 3 years, 4 months ago
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As a current business owner I can tell you that this would kill my business instantly.  My business already pays more in taxes than we would pay in many socialized countries where they have full health care.  It is staggering to me that our politicians can't see -or don't care- about the impact this would have!  They are obviously out of touch.  They voted to give themselves a raise last year during a huge recession and now they want to put small businesses out of business?

We have already begun preparing paperwork and scouting locations for moving our company to another state if this passes.  Our employees will loose their jobs and be left to search for new employment in a state that has one of the highest unemployment rates in the nation.  Unless we are prepared to move immediately upon this bill passing our company will go under and our employees will loose their jobs anyway.

Even if we do move to another state, we would have to stop outsourcing our manufacturing to Oregon companies because of the increase cost they will have to pass on to us.  I know for a fact that some of the companies I use will loose business from around the country in addition to loosing my business as well.

posted 3 years, 4 months ago
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