Off-Topic: Possible future letter to Empl

Shores Lake Topics

(Shores Lake Specific)

0 messages

Updated

Off-Topic

Lakes Online Forum

84,091 messages

Updated 11/8/2024 10:28:12 AM

Boat Maintenance

Lakes Online Forum

5,204 messages

Updated 9/14/2024 10:10:50 AM

Shores Lake Fishing

(Shores Lake Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,172 messages

Updated 9/9/2024 5:04:44 PM

Sports

Lakes Online Forum

4,262 messages

Updated 11/6/2024 6:43:09 PM

Grilling & Recipes

Lakes Online Forum

2,979 messages

Updated 6/26/2024 5:03:03 AM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	MartiniMan -
	Subject:	Possible future letter to Empl
	Date:	1/8/2009 9:45:17 AM

My story is not exactly the same but there are many similarities and I completely, 100% understand the sentiment. Over the last two years when we have had to write huge tax payment checks my partner have seriously discussed calling it a day. We could sell our company today for $35M-$40M and could retire to a life of long-term capital gains, not more multitudes of regulations and taxes, etc. Unfortunately the best exit for us would be with a strategic buyer and 10 wonderful people in our corporate staff would lose their jobs as would a number of our senior leaders who would be redundant and expendable. So I will hang in as long as I can but if my tax burden gets any worse or there is a move to increase capital gains taxes I am done.