FreshSuperCool.com

What will people think of next…

According to this article:

It’s no secret that the typical workweek for Silicon Valley’s programmers and engineers is a lot longer than 40 hours. Now, the battle over whether those high-tech workers should be treated as salaried professionals or hourly employees entitled to overtime pay has moved from the courtroom to the state Capitol.

Now if Arnold passes this stupid bill, it’s going to be equivalent to shooting California’s economic foot. Go ahead and kill the golden goose. Let’s have one big orgy BBQ and blow it all up.

Sure, make more stupid gov’t rules and see what happens… people clockin’ in and out, labor unions forming and demanding pension, innovation dying, etc etc. This would effectively turn high tech Silion Valley into another Detroit, Michigan. The one industry that the US completely dominates will be just another dumpster industry.

If you’re a high tech worker, you should be OPPOSED to this too! Do you think stock options are offered to hourly employees? Hell no. Stock options is an incentive for you to work hard and in return (hopefully), have a higher payout in the end. If you get RID of this profit motive, will people innovate? I really really doubt that. Just look at what happened to USSR and Cuba.

And when was the LAST time you were forced to work more than 40 hours? Probably NEVER. ANd if you were, you have nobody to blame except yourself. You don’t like it? Then freakin’ quit! Go get another job! There’s shitload of high tech jobs and plenty of talented workers. If you are worried, then that means you suck at what you do! WHenver I needed  a job, it took me no longer than a MONTH to find a job. A job that pays WELL.If high tech workers are hourly, trust me, the companies will take that into account. It will actually LOWER per hourly basis and thus screwed in the ass even more.

And guess who’s going to benefit from all this, f*cking unions:

The industry has found a receptive ear in Schwarzenegger, who wants to clarify the overtime exemption as part of an economic stimulus package that would be included in the state budget. The governor and lawmakers are still negotiating a spending plan two months into the fiscal year. Several Democrats also have signaled they are open to the change, but the fact that it is caught up in thorny budget negotiations could be problematic.

The powerful California Labor Federation is fighting the proposal, calling it a handout to the tech industry that could open the door to overtime exemptions for other classes of workers.

There we go. Union organizers are just whiny little bitches who only care about ONE thing and ONE thing alone: membership dues from their members who they’re “out to protect”. Yeah.. out to protect their fat ass salaries so they can keep feeding their fat asses.

“Big tech companies that have been sued for cheating workers out of overtime pay are trying to make matters worse by taking away workers’ rights to that pay,” the federation wrote in a flier it passed out in the halls of the Capitol last week. “Eliminating overtime amounts to a major pay cut for families already struggling to make ends meet.”

Ok i don’t know what classifies as “high tech”… for example, if I polish computer screens in a PC factory, am I a high tech worker?

This is a statement that I cannot “prove” but I’m pretty sure high tech people get paid PRETTY well, even without stock options. Don’t believe me? Just move to Silicon Valley, Austin, Seattle, etc. I REALLY REALLY doubt these people are having trouble feeding their families.

The people who are lobbying the gov’t for this are probably pansies who

1. can’t say no to their bosses
2. can’t take responsibility for what goes on in their life so they have to whine + bitch to the government
3. are paid well but just wants to squeeze the companies for cash

This is insane. The entire high tech industry is going to suffer b/c of these few stupid assholes.

I am going to petition Arnold to re-institute neutering of people so I can chop these idiots’ balls off.

It’s a fact. If you produce in society, you get punished.

1. Rules and Regulations

Let me take business as example because i feel most in touch with this world. You start a business. The first thing that the gov’t does is stick its hand out asking for fees and taxes. Example? California tax franchise board (i.e. IRS) asks you to pay $800 whether or not you make a dime in your business. If the your business does well and starts hiring employees, you get smacked in the face with payroll taxes, medicare taxes, social security taxes, liability insurance requirements, etc etc.

Yes I do concede that businesses are part of society and they need to pay their share of the social costs. But this is ridiculous.

Small businesses make up a BIG chunk of the US economy, meaning a big chunk of the US labor force is hired by small businesses. Why would you tax the golden goose that lays the egg? The more you tax the goose, the smaller the egg. Maybe even, kill it. Sure you might have a good feast for one nigh, but I guarantee you that goose is dead and not coming back.

First time I incorporated and tried to do things more “legit” was when I had a consulting business and a vending business. You can’t possibly imagine how much of your time is spent on doing stupid shit that makes you no money, like adhering to government’s rules and regulations. You can ask any entrepreneur why they started their business. Very simple, to CREATE WEALTH, not to pay taxes and fill out insanely dumb + repetitive forms.

Of course, you can outsource all of this to other companies or hire someone to do it. But that requires MONEY. If you’re starting a business, how much money can you devote to this mindless part of the business that produces no income?

2. Taxes

Producers of society are TAXED at every turn. Uncle Sam has his hand out on EVERYTHING we do. Making income? Taxed. Hiring employees? Taxed. Investing? Taxed. Borrowed money but can’t pay it back? YOu might even get TAXED on that b/c IRS interprets that as income in certain cases.

Taxes are important. Police and fire men, for example, are vital to society. If I am getting mugged or my house is on fire, I (like anyone else) would not doubt even for a second that my taxes are justified. Other public infrastructure that would be hard to manage under free market economy (like roads and civic structures) are good examples of GOOD use of our tax money. But of course, the gov’t has no incentive of being efficient. If you don’t spend your budget, you will not get more, next year. Thus the bludgeoning taxation.

Tax is getting out of hand. For example, when I started working a job out of college, I worked at a small startup software company getting paid $50k/yr. NOt a whole lot of money but when you’ve had no money for most of your life, it’s quite a bit. So how much did I really make?

• Federal + state income tax at 35% => $17k
• Medicare + social security tax at 7.5% (15% split b/w me and employer) = $3,750
• Sales tax on anything I buy @ 8% => $4k

That’s almost HALF of what I earned on taxes. In another words, I work for the IRS from Jan to June before anything comes to my pocket. (Yes, assumption on the sales tax was that I’d spend everything. Of course! I was 22. I did spend everything. Especially when paying for other family member’s health care costs).

People who are for “social re-distribution of wealth” (i.e. thru taxation) are retards. What they don’t understand is, taxation hurts middle class more than anyone else. Just look at the numbers above.

Taxes are even worse for entrepreneurs. There’s even MORE tax that you have to take into consideration before you add a dime to your pocket. Licenses, permits, registrations, legal structures, accounting, etc etc.

Politicians are always talking about making the economy stronger. Please. Nothing but lip service. Want to help the economy? How about getting rid of all these stupid regulations and taxes that not only burden small businesses, but even prevent new ones from forming.

How about not taxing businesses that have less than $250k in net revenue. That’ll help quite a bit.