The owner, who refused to disclose his name or company information, told a local radio station that in the lead-up to the election he did his best to “educate” his employees about the “consequences” of Obama’s reelection. But when the sitting president won despite the owner’s skewed civics lessons, he preemptively fired nearly a fifth of his staff.
“I explained to them a month ago that if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and I’m gonna have to make provisions to make sure I have enough money to cover the payroll taxes, the additional healthcare I’m gonna have to do, and I explained that to them and I said you do what you feel like in your heart you need to do, but I’m just letting you know as a warning this is things I have to think of as a business owner,” he told radio host Kevin Wall on 100.5 KXNT.
“Well, unfortunately we know what happened and I can’t wait around anymore, I have to be proactive. I had to lay off 22 people today,” he continued.
Besides the fact that this business owner seems to have tried to coerce his employees to vote for Mitt Romney, the man seems to have been relying too much on Fox News to inform him about the president’s policies on small business.
In reality, Obama has proposed tax cuts that would benefit many small business owners, including reducing the corporate tax rate for just 25 percent for manufacturing companies. It’s also unclear how much of the cost of the new healthcare plan small business owners will have to shoulder.
Caroline Daniels, a lecturer at Babson College who specializes in small businesses, told the Associated Press, "They can expect continued policies to foster small business."