Obama's new taxes and minimum wage hike will have only a negative impact for small businesses. In particular, those that use the franchise system. In the cross hairs most of all are businesses run by minorities and up and coming poor whites that already have to struggle to stay afloat in our terrible economy.
Businesses in Seattle Washington and New York city are expected to be hit the worse. In the link above, there was mentioned a restaurant franchise run by a US citizen of Chinese descent who had been hurt terrible by Obama's new system. It also showed that Starbucks, perhaps one of Seattle's most prosperous businesses will hardly be affected.
As a result of socialism, the tiny franchise of Mr Grant Chen was a meager profit of $8,856.57 after taxes. For Starbucks, it was 2.8 billion. McDonalds, twice that.
The purpose of the new minimum wage law is to be used as an attack on popular big businesses that have been in the gun sights of communist liberals for some time. In Particular, Big box stores and fast food restaurants IE: McDonalds and Wal-Mart.
But the new wage law, designed to target richer and bigger corporations is in fact being used by liberals to target small businesses. While many on the left would have us believe this is not intentional, the truth of the matter is that it is intentional. Very intentional.
The reason for this is because while big corporations like starbucks may have all the money and power it Is in truth the small businesses and the small francises, the backbone of our nation's economy that are the foundation of a sane and working capitalist system.
It is the small business that enables big business to distribute many of its goods and services instead of an expensive program of vertical management, the small business that provides the majority of jobs and taxable income to tiny communities.
Most of all, it is the small business that is the launch platform for future businessmen and inventors and the beginning of a community's rise from rural backwater to running metropolis. For this reason alone in of itself, small businesses is the enemy of liberals and their Nazi agenda to turn America into a 3rd world nightmare of socialist enslavement.
The sentiments all liberals have towards capitalism in particular its backbone can be summed up by one of America's biggest traitors and enemies Michael Moore
If the small businesses suck they'll be driven out of business... If they got a good restaurant, people will go there and eat. You know in my town the small businesses that everyone wanted to protect? They were the people that supported all the right-wing groups. They were the Republicans in the town, they were in the Kiwanas, the Chamber of Commerce — people that kept the town all white. The small hardware salesman, the small clothing store salespersons, Jesse the Barber who signed his name three different times on three different petitions to recall me from the school board. F all these small businesses — f 'em all! Bring in the chains. The small businesspeople are the rednecks that run the town and suppress the people. F 'em all. That's how I feel.
Notice also the liberal whining by Moore in his frustration that many of these people are republican while many of his big business supporters rooting for him and Obama from behind are Democrats. It is thanks to Moore and others that small business is guaranteed to constantly be on the side of the GOP while Starbucks and other big businesses will rely on them to stop up and coming rabble from competing with them.
They don't care that they'll pay more but so what? Most of their workers will be subsidized on welfare and made dependent and therefore more likely to also support the Democrats making it win-win for them.
Only the small businessman suffers, those who through thrift and strife attempt the impossible by challenging the ones above are knocked down and kept down so they wont compete with big business.
The real sufferers of all are the unemployed and the underemployed. The unemployed cannot get his/her foot into the door of business because of layoffs as the result of higher taxes and wage hikes, the underemployed because although they think they're getting a higher wage, with that comes higher expenses, lay offs and higher costs.
Big business it should be noted will never and never have taken it and laid down.
And so in the beginning of the 21st century, a more socialist and liberal time, the rich still got richer, the poor even poorer. And all thanks to Democrats. But they'll still blame the gipper and still blame the GOP.