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Westgate resorts to downsize

DrLeftover

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David Siegel, the owner of Westgate Resorts, sent a surprising email to his employees Monday.



It said that if President Barack Obama wins re-election and raises Siegel's taxes, he will have to lay off workers and downsize his company - or even shut it down.

If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company, he wrote. Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone.

In a version of Romney's 47 percent remarks, Siegel added that people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.



http://finance.yahoo.com/news/ceo-workers-youll-likely-fired-131640914.html
 
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