Want a Fair Tax System?

Why do Major Corporations and the Super Rich have the ability to pay less taxes?

Because they can!!

The government has become a special interest government and those who have the money to get deals and breaks can do so because they are big enough to afford lobbyists and lawyers who get them favors with politicians.

Why would politicians give favors to big companies?  I’ll let you decide.

For now let’s look at a solution, not only a solution to limit the favoritism but a solution that would make every Americans life easier and more fair.

Watch and comment;

What could be more fair than EVERYONE without exception paying the same percentage?

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The Power of a Mentor, Good Books, Perseverance, and Toughening Up

Over the last 30+ years I have learned the power of several key principles that have molded my life. Most of what I have learned have come from the advice of good mentors. It’s interesting, that those mentors who had more than average success, had about the same advice. One was to be careful where you got your advice. The second was to read books, books from a variety of authors on a variety of subjects. The third, I learned not only from my mentors and the examples given in the books I read, but from first-hand experience around me; those who persevered… succeeded. And to persevere, I had to toughen up.

I heard a TED Talk by Tai Lopez that mirrored what I have learned. It’s interesting that the principles I learned are practiced by others in various fields of life who aspire to excellence.

Here are some excerpts from Mr. Lopez’s talk that you will find are consistent with the principles I have come to respect and apply.

Mentors
Did you know Albert Einstein had a mentor?
Every Thursday, he would have lunch with a mentor growing up.
Jay-Z, the rapper, he had a mentor.
Oprah Winfrey said she had two mentors.
Alexander, the Great, had Aristotle.
Bill Gates had Paul Allen.
Warren Buffet had Benjamin Graham.

Reading
The modern education system has turned people off from books.
You have to rewire your brain.
See a book like a friend. You read it over and over.
You come back. And just like friends, you pick a handful of them.
I recommend you find 150 books. There’s 130 million. You can’t read that many.
But 150 you can read over and over for the rest of your life.
There’s no rule, either, at how fast you have to read them.
The average American buys 17 books a year, Maybe reads one a month.
You should read at least one book a week, because remember, everybody wants the good life ,but not everybody’s willing to read to get it.
You must read more.

Perseverance
The media has tricked us.
They only show us the success at the end, but Bill Gates started at 12.
It wasn’t until 31 years old that he was a billionaire.
He said from age 20 to 30, he never took a day off. Not even one.
You must persevere,

Toughen Up
Guess what the media wants to do.
We see on average 2,000 ads a day.
They’re trying to sell you something.
Luxury comes at the cost of killing your hopes, your dreams, your ambitions.
Be humble. Persevere. Read more. Toughen up

Listen to the full TED Talk Published on Jan 15, 2015
Why I read a book a day (and why you should too): The Law of 33% – by Tai Lopez
This TED Talk was given at a local TEDx event, produced independently of the TED Conferences.

Small Businesses Threatened by Increasing Regulation

A friend shared an interesting article that could threaten the livelihood of small business in America. Being a small business owner for over 37 years I understand the risk, effort and opportunities that making individual business decisions involve. This decision by the National Labor Relations Board increases the risk and effort, while decreasing the opportunities for small business owners by the government having greater control of a small business while taking that control away from the individual owner.

Business owners trying to keep a clear understanding and meet the federal guidelines regarding the separation of employees from independent contractors now will have the lines muddier. This opens the door for increased liabilities regarding workers compensation, unemployment compensation, insurance liability, overtime, etc.etc.

This reminds me of the gerrymandering of election districts that political parties do to control the outcome of elections. The control of  electing our electing government officials is taken away from the individual and put in the control by the parties redistricting.

Individual liberty and the freedom to succeed or fail has been the cornerstone of entrepreneurship. It is what made America a diverse nation in the first place. People flocked to America because they wanted the freedom to control their destiny and escape the governments controlling every aspect of their lives.

After reading this interesting article how do you feel about this decision by the National Labor Relations Board?

From – Small Business Solutions – by Diana Furchgott-Roth

Under a National Labor Relations Board decision released on Thursday, the Board has dramatically expanded the numbers of “joint employers” in America. Now, employees of franchised business such as Burger King may be classified as employees of the parent company. Employees of subcontractors, such as office cleaners, may be classified as employees of the company that hires the subcontractor.

With its decision, the Board overturned a prior ruling by its regional director that employees of Leadpoint were not joint employees of Browning Ferris, a recycling plant that subcontracted operations to Leadpoint. Subcontractors and franchisees across the country had better watch out for more lawsuits and higher costs of doing business.

Last week, speaking at the Detroit Economic Club, Republican presidential candidate Senator Marco Rubio said, “The National Labor Relations Board is on the verge of declaring that David doesn’t even own his business, that he is a ‘joint employer’ with his franchisor. The likely impact is that fewer franchises will open, and costs and litigation will increase for existing ones.”

Before this decision, if a firm did not exercise authority over the employees of its subcontractors then it was not counted as an employer.  Now the NLRB is saying that if a firm just possesses the authority to control its subcontractor’s employees—even if it does not use this authority—then it is a joint employer.

The implications of this decision are immense. Millions of franchises are at risk of being told that they are joint employers with parent companies such as Jiffy Lube, Dunkin Donuts, or H & R Block.  Millions of subcontractors may find that the company that is employing them has morphed into a boss. This raises the costs of doing business, encouraging companies to reorganize or go offshore.

The Board notes, disapprovingly, that “the diversity of workplace arrangements in today’s economy has significantly expanded. The procurement of employees through staffing and subcontracting arrangements, or contingent employment, has increased steadily…”

What the Board fails to note is that franchises and subcontractors have come about as the most efficient way of providing particular services.  Franchises make it easier for people to start their own businesses, and independent contractors can move from one employer to another at will, or work for multiple employers at one time.

The Board’s ruling follows guidelines from the Labor Department  on when to classify workers as employees, who are entitled to fringe benefits, or independent contractors, who are not.  These guidelines, which became effective in July, attempt to make it more difficult for employers to hire independent contractors.  In June the Labor Department issued new proposed expanded overtime revisions that would reduce workplace flexibility for millions more workers by prohibiting time off in exchange for extra time on the job.

With the new Labor Department rulings and the National Labor Relations Board decisions, President Obama wants to move America back to the mid-20th century when people worked for one employer for most of their lives and independent contractors were less common.  The sharing economy, with Uber and Airbnb, were unimaginable.

One result of the new 21st century economy is that unionization levels have decreased. People don’t want to pay union dues and initiation fees.With the share of wage and salary workers who belong to unions declining from 20 percent in 1983 to 11 percent in 2014, unions are feeling the pinch. They lack dues to pay salaries for union bosses and give political contributions to political parties, practically all Democrats.   That is why the Board is trying to make it easier for unions to coerce workers into joining. It is far easier for a union to organize one large workplace than several small ones.

Unions are particularly interested in the fast food industry because of its rapid turnover.  On average three people per year occupy one slot at a fast food restaurant. People come for a short period of time, such as the summer, then leave. Someone else might start in the fall. If each of these three people had to join a union, the union would get three sets of initiation fees per year.  With fees at about $50 per person, that is $150 annually.

As federal and state governments have tried to expand the benefits that employers must provide, it has become more advantageous for small firms to form to avoid these mandates.  Take the Affordable Care Act, for instance.  Firms with more than 50 employees have to offer a certain level of health insurance or pay a penalty.  Firms with fewer than 50 workers are often exempt from other mandates, too. Contracting out some operations keeps the size of the firm down, along with the costs of doing business. With the new rules, watch for more companies going offshore, and the share of Americans who are employed or looking for work declining further.

The franchise model has dramatically expanded the number of small businesses in America. Congress should place a clear definition of an employer and a subcontractor in the law.  The NLRB’s decision is a travesty that Congress and the next president can and should reverse.

 

Orrin Woodward IAB Top Leadership Award Winner for 2011

Orrin Woodward is chosen as the Independent Association of Businesses 2011 TOP LEADERSHIP AWARD WINNER!

According to the IAB:

The IAB Small Business Awards recognizes and awards businesses who achieve both qualitative and quantitative results in their organization.  The leadership award is the highest award given among all 10 categories.  This award applies to one’s own leadership principals and how they help develop and influence successful leaders throughout American businesses.

Who is the IAB?

The Independent Association of Businesses, (IAB) is recognized as America’s Premier Membership Association as a leader of innovative access to membership benefits.  Acknowledged by having represented the interests of more than a million members and receiving prestigious commendation by state and federal officials for its ability to educate and advance the growth of America’s small businesses and the self employed.

As a friend, protégé, and business associate of Orrin Woodward I have witnessed firsthand his commitment to Honor, Character, and Excellence which are all qualities of a true leader.

Congratulations Orrin!