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The restaurants near me have all laid off their staff, closed doors, i suspect they won't pay any outstanding bills; Their rent probably isn't even due yet. I
by smileysteve 7y ago
The restaurants near me have all laid off their staff, closed doors, i suspect they won't pay any outstanding bills; Their rent probably isn't even due yet.
I hope that on the reboot we require some "social security" in businesses; healthcare benefits, 2 weeks severance, and retirement savings seem like minimums; Frankly, these requirements should have been included in the 21% tax cut.
- marcofatica 7y agoIf you suspect they won't pay outstanding bills, what makes you think they'll pay severance and health benefits in a downturn?
- lgessler 7y agoI think GP means the government should provide these.
- smileysteve 7y agoand if not, require it as an accounting practice like pensions.
- lonelappde 7y agoWhich are an unmitigated disaster. What happens during inevitable bankruptcy? Social security needs to be administered by society, not business. Tax business if you want.