In October, David Siegel, owner of Westgate Resorts, emailed his employees to tell them that if President Barack Obama is re-elected and raises taxes, Siegel will have to lay off workers, downsize his company and possibly even shut down.
Now a Las Vegas employer called “David” has fired 22 of his 114 employees as a result of Obama’s election. Westgate has properties in Arizona, Florida, Mississippi, South Carolina, Tennessee, Utah, Virginia and Nevada (two) and employs 7,000 people. In 2007, it employed 12,000. It’s unclear if the “David” who called into a Las Vegas radio station is Siegel.
“I explained to them a month ago that if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and I’m gonna have to make provisions to make sure I have enough money to cover the payroll taxes, the additional healthcare I’m gonna have to do, and I explained that to them and I said you do what you feel like in your heart you need to do, but I’m just letting you know as a warning this is things I have to think of as a business owner,” David said.
“Well unfortunately, and most of my employees are Hispanic — I’m not gonna go into what kind of company I have, but I have mostly Hispanic employees — well unfortunately we know what happened and I can’t wait around anymore, I have to be proactive. I had to lay off 22 people today to make sure that my business is gonna thrive and I’m gonna be around for years to come.”
He predicted a rash of layoffs in coming months by other companies across the country as a result of Obamacare and increased taxes and regulations.