A Quote by John Catsimatidis

Grocery stores can't afford to pay $80 a square foot. At that rate, we are going out of business. — © John Catsimatidis
Grocery stores can't afford to pay $80 a square foot. At that rate, we are going out of business.
In the UK, tons of records are now sold in grocery stores, because there are no record stores - it's iTunes or the grocery store. And almost every band that had an impact on me was on a major label. There's value in people actually hearing things, as well.
Since my job as Test Kitchen manager requires me to hit the Union Square farmers' market and various grocery and specialty stores on a daily basis, I get dinner inspiration during these trips.
If the government is funding itself at 2 per cent, you know, how much are you going to pay savers if you want to lend money at a cheaper rate? People have the incentive to build a factory or open new stores. It is a trade-off.
I was so terrified that the business would not do well and that there would be no way that I would be in a position to pay my dad back this $80,000. At Stars, as a line cook, I think that I was making $10 or $12 an hour. So $80,000 - to have to pay that back was incomprehensible.
We got email today from an LGF reader who was browsing the Lexis research system and discovered that anti-American, anti-capitalist icon Noam Chomsky has embarrassingly capitalist tastes; among other expensive property he owns a 36,155 square foot home near Cambridge, a 13,503 square foot vacation home, and four boats. And we won't even mention the cars. Teaching kids to hate their own country seems to pay quite well.
Most employers I speak to, they want to create jobs and give decent salaries. Some small and medium companies say to me they cannot afford to pay the living wage. I say "what about if I gave you a business rate cut?" and they say, yes, ok. We want companies which are skilled up, generating more profit, more corporation tax - we should not be embarrassed at success, as long as they pay their taxes.
High-end boutiques aren't putting small staple stores out of business. What's putting small staple stores out of business is formula retail.
Investing in [children] is not a national luxury or a national choice. It's a national necessity. If the foundation of your house is crumbling, you don't say you can't afford to fix it while you're building astronomically expensive fences to protect it from outside enemies. The issue is not are we going to pay - it's are we going to pay now, up front, or are we going to pay a whole lot more later on.
It's what I do best - pry into people's business and mind their business. I can't help myself. I can't even go through the grocery line of the grocery store without talking to people and then giving them my opinion.
You got to remember, S corporations pay one layer of tax, corporations pay two layers of tax. So we basically see equivalent, but here`s the point. The rest of the world, they tax their businesses at an average rate in the industrialized world of 23 percent. Our corporate is 35. Our top S corporate, small business rate is 44.6 effectively. This is killing us.
The IMF insisted that both Russia and Brazil maintain their currency at over-valued levels. Who are you protecting when you try to maintain that exchange rate by having high interest rates? You're protecting domestic and foreign firms that have gambled on the exchange rate. And who is paying the price? The small businesses that did not gamble [and no longer can afford loans], the workers who are going to be put out of jobs.
I am so proud of the growth of Dylan's Candy Bar into two more flagship stores: Union Square in New York City and Chicago on Michigan Avenue, and two airport stores: JFK and Detroit.
I feel like I just have such the blood and bones of a New Yorker that I can almost imagine better, like, giving up the fight and not being able to afford the city and going out West, keeping a small place here, and then when I'm like 80, coming back here, living on the park and going to the theater.
I see almost no change in the price of the composite product that flows through Costco I don't feel sorry for the people who pay $27 million for an 8,000-square-foot condo in Manhattan. So inflation comes in places.
When you say the tax system benefits the rich, there are a lot of people who respond, "That can't be true, look at the rate of tax. The people who are rich pay a higher rate than you or I." Well, yeah, but if you don't have to pay taxes on a lot of your income, then your real tax rate is a lot lower. And if you're allowed to pay your taxes thirty years from now instead of today then you're a lot better off. People need to have a sophisticated understanding of how the system works to appreciate that the posted tax rate really has very little to do with the taxes people pay.
Many liberals argue that big U.S. companies don't really pay the top corporate rate. While this is sometimes true, it's mainly because, during recessions, companies lose money, and get a tax loss carryforward that temporarily reduces their effective rate. But during economic expansions, when profits rise, companies then do pay the top rate.
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