# Hostess out of business; 18,500 jobs to be lost **URL:** \ **Category:** Shift518 Off Topic\ **Created:** [November 16, 2012, 5:34am UTC](https://forums.speedlife.net/t/hostess-out-of-business-18-500-jobs-to-be-lost/265503 "2012-11-16T05:34:59Z")\ **Posts on this page:** 1\ **Showing post:** 86
**Author:** ![silverandslow1](https://avatars.discourse-cdn.com/v4/letter/s/ecae2f/32.png) [@silverandslow1](https://forums.speedlife.net/u/silverandslow1)\ **Post date:** [December 3, 2012, 10:30am UTC](https://forums.speedlife.net/t/hostess-out-of-business-18-500-jobs-to-be-lost/265503/86 "2012-12-03T10:30:26Z")
> [@Snky Snky Starbucks Meet Sunday July 6th!!!!!!!!!!!!!](https://forums.speedlife.net/t/snky-snky-starbucks-meet-sunday-july-6th/50861/111): > > Fixed that for you. > > Nobody brought up top earners but you, which doesn’t matter anyway as the majority of their profits are capital gains are taxed in the teens, and there are write offs and loopholes left and right if there is an actual income… Stop puking out what you see real politicians say on TV. You have no idea what these loopholes are, how much it costs to employ accountants to take advantage of these “loopholes” or the benefits of them. What about double taxation? What about indirect regulation fees and penalities, ect? > Getting offtopic regardless. > > A man is saying Federal Government taxing is “absurd” and facts show that the top rate on the highest earners from the fed on income tax is some of the lowest it’s been in the last 80 years, which is a moot point anyway. Not off-topic at all. A business is now closed. Ive gave several reasons it failed. Tied for first, Unions greed and absurd costs associated with the government. Again your point that taxes may be lower now, does not have any bearing on whther they are too high. If taxes used to be 98 percent and they were now 90 percent, that doesn’t make them fair just because theyre lower 😉 --- _[View the full topic](https://forums.speedlife.net/t/hostess-out-of-business-18-500-jobs-to-be-lost/265503)._