Jeffrey A. Zipper, M.D., Chief Executive Officer of the National Pain Institute located in Delray Beach, Florida sent the below letter to all of his employees.
Dr. Zipper received his medical degree from the University of Miami, School of Medicine in Miami, Florida where he was selected for membership in Alpha Omega Alpha Medical Honor Society. He finished his internship in General Surgery at North Shore University Hospital/Cornell Medical Center and completed a residency program in Physical Medicine and Rehabilitation at State University Hospital Health Science Center of Brooklyn/Downstate Medical Center where he also served as Chief Resident in the Department of Physical Medicine and Rehabilitation.
Dr. Zipper has been in practice since 1991 and is co-founder of the National Pain Institute.
This November 6th you will be asked to cast your vote for President of the United States. Simply put, this is the most important election of our lifetimes. Our economy is on life support. This country is 16 Trillion Dollars in debt and growing. We have been running a 1.3 Trillion Dollar annual budget deficit year over year for the past 4 years! The growth and expansion of our economy has been extremely slow and people are still loosing jobs at a rate of over 300,000/month!! We are broke and indebt as a Nation!
As a small businessman and co-owner of this company; I must tell you, that if our country remains on its present economic course, we are all in deep trouble (rich or poor)! No small businessman will be willing to continue investing their hard earned money in this risky business environment. For me, this election is ALL ABOUT THE ECONOMY. What is good for NPI, is good for you and your families! What is bad for NPI, is bad for you and your families! If NPI and other small business like ours are to survive and thrive into the future; we must begin to feel optimistic again about our country’s economic future. BTW small business employ 75% of all Americans!
We have two choices for President; each of which, I will evaluate as good or bad for NPI, strictly based upon their own stated economic policy’s.
1) Tax Policy
a. President Obama will raise overall taxes on small business from 36% to 46%. In addition, he will raise taxes on capital gains income from 15% to 25%.
i. BAD FOR NPI! WHY? BECAUSE IT WILL RESULT IN LESS MONEY AVAILABLE FOR CONTINUED INVESTMENT & GROWTH IN OUR COMPANY. IT WILL ALSO RESULT IN SIGNIFICANTLY LESS FUNDS FOR EMPLOYEE ADVANCEMENT AND RETENTION. JOBS COULD BE LOST.
b. Governor Romney will reform the tax code in a revenue neutral fashion. He will cut out the tax loopholes enjoyed by actual multimillionaire’s and billionaire’s (not small businessmen)! He will then flatten the highest tax rate to 20% and the lowest rate to 10%. In addition, he will lower Corporate tax rates from 35% to 25% and eliminate capital gains taxes.
i. GOOD FOR NPI! WHY? BECAUSE IT WILL RESULT IN MORE MONEY AVAILABLE FOR CONTINUED INVESTMENT & GROWTH IN OUR COMPANY. IT WILL ALLOW MORE FUNDS FOR EMPLOYEE ADVANCEMENT AND GROWTH OF OUR WORKFORCE. THIS REFORM WILL ALSO LEAD TO RETURN OF CAPITAL INVESTMENT AND MANUFACTURING BUSINESS IN THIS COUNTRY. THIS WILL BE REQUIRED TO GROW OUR WAY OUT OF THIS MESS.
a. President Obama has signed the Affordable Care Act into law. It cuts 716 Billion dollars from Medicare to fund Obamacare. It also taxes/fines small business $2,000 per employee per year and mandates each citizen to purchase healthcare insurance or pay a mandatory tax!
i. BAD FOR NPI! WHY? RESULTS IN MEDICARE CUTS WHICH MAKES UP 45% OF OUR COMPANY’S REVENUE! SMALL BUSINESS’S MAY CONSIDER TO COMPLETELY DROP HEALTH INSURANCE COVERAGE FOR THEIR EMPLOYEES AND JUST PAY THE FINE/TAX. WORSE YET, SOME SMALL BUSINESS’S MAY OPT TO PROVIDE SPLIT WORK SHIFTS (PART TIME EMPLOYMENY ONLY) IN ORDER TO AVOID PAYING THE FINE/TAX. THIS WILL RESULT IN MORE WORK WITH LESS RESOURCES FOR LESS MONEY! VERY BAD FOR ALL HEALTHCARE COMPANY’S AND THEIR EMPLOYEES. BTW HEALTHCARE EMPLOYEES MAKE UP 30% OF THE AMERICAN WORKFORCE.
b. Governor Romney will repeal the Affordable Care Act. He will reform Medicare for those under age 55 years old to provide long term sustainability to the program and keep benefits as they are for those over 55 years old. He will slowly raise retirement age and cut future Medicare benefits for wealthy people who are now under 55 years old. He will also allow for the interstate sale of health insurance which will drop rates by 40% overnight! This will make health insurance much more affordable for all.
i. GOOD FOR NPI AND ECONOMY! WHY? BECAUSE IT PREVENTS ALL OF THE ABOVE FROM HAPPENING.
While I believe that President Obama is a very likable, affable person and an excellent orator! I do not believe that he possess the business acumen required, to turn this country’s economy around. For me the choice is clear! I hope you will consider supporting Governor Romney for President.
Jeffrey A. Zipper, M.D.
Chief Executive Officer
National Pain Institute
5365 W. Atlantic Ave
Delray Beach, FL. 33484