Why Protect Small Businesses?

[jankren]

Im with Theodore Roosevelt in favoring few business giants competing with one another fairly than many businesses of various levels competing with over half of the competitors have to be helped in order to stay in the competition.

So why protect really small businesses?

[Koelkastmagneet]

....votes?

[Alkarin]

International MegaCorporations=Bad

Bigger the Institute the less they view their customers as humans and more as a profit margin. Then we become basically Walking Capital that they try to find ways to squeeze money out of us while trying to in return, give us less than our money is worth (for the profit) While small business sees their customers as people and ones to befriend, not exploit. Small Business seeks to serve its community, not use it as a resource mine.

[removeduser_052420]

International MegaCorporations=Bad

Bigger the Institute the less they view their customers as humans and more as a profit margin. Then we become basically Walking Capital that they try to find ways to squeeze money out of us while trying to in return, give us less than our money is worth (for the profit) While small business sees their customers as people and ones to befriend, not exploit. Small Business seeks to serve its community, not use it as a resource mine.

Well put. + rep.

[El Brujo]

You don't need to protect really small businesses, just leave them alone. The windfall profit tax is an example of how corporations lobby for taxes on themselves because they know they can handle it but their smaller competitors can't. Same with regulations, they indirectly help big business because they can better handle it. Regulatory agencies, unions, etc are basically all just efforts by bureaucrats and mafiosos to get their fingers in the pie. "A piece of the action" I believe they call it. Big corporations love these environments because they make the cost of doing business too high for small business to cope with.

While this environment is good for big business, it is not good for anything else. The corrupt unions wage war on free labor and make it impossible for a tradesman to be the master of his own destiny. The regulatory agencies and bureaucracies bog down projects in a quagmire that draws them out for literally months. The average job in Houston, where this behavior is minimal, takes one tenth the time to complete as it does in the Northeast, where this sort of thing is endemic. Not only that, but this process raises the price of the project by a great deal, which reduces the standard of living for consumers. This is why the average citizen of Houston can have a much larger home than the average citizen of New York despite having a smaller income.

Going back to the original question, an environment in which small businesses thrive strongly correlates with lower corruption, more trust in society, greater freedom, and greater economic prosperity for more people.

[chilon]

You don't need to protect really small businesses, just leave them alone.

Actually I think you do need to protect small business otherwise situations happen like Prop 13 in California.

I really dont want to sum up that whole monstrous issue, but in short:

in 1978 when Prop 13 was up for vote in California, the California Chamber of Commerce strongly opposed it on grounds of the bad effect it would have on small business. But the giant corporations would have immense benefits so they basically out lobbied the small businesses.

The largest corporate entities in California benefited tremendously from Howard Jarvis' specific proposal. Pacific Gas and electric, So Cal Edison and the Central Pacific benefited from Prop 13 by insane amounts of money but small business got screwed.

[Sir Winston Churchill]

Watch a documentary called: "Walmart: The High Cost of Low Price"

Ignore the patriotic "It's not American!" bullock and you get your answer.

[Alkarin]

Watch a documentary called: "Walmart: The High Cost of Low Price"

Ignore the patriotic "It's not American!" bullock and you get your answer.

link?

[Sir Winston Churchill]

link?

All I have is a netflix link, where else you can find it I do not know. I will check however, perhaps it is on YouTube?

Indeed it is, Part 1 starts here: http://www.youtube.com/watch?v=P6AgK...eature=related

[Dr. Croccer]

Apart from obviously benefiting those who work in those small businesses or are affliated with it, small businesses are viewed more favourably by the public than gigantic corporations.

[removeduser_487563287433]

Small businesses get less protection than big businesses, that command political influence, reserve war chests, and well paid and qualified legal teams. Kicks the shite out of the occaisional tax break for NI contributions.

[Thorn777]

We employ most people and will do so in the future. We wont outsource.

EDIT: and yeah we get screwed more than we get "protection", whatever that is supposed to mean.

[jankren]

Apart from outsourcing jobs, what exactly is the financial benefit of protecting small businesses?

Maybe make outsourcing illegal or something.

[Alkarin]

Apart from outsourcing jobs, what exactly is the financial benefit of protecting small businesses?

Maybe make outsourcing illegal or something.

isn't that sort of the point? You should put people first, not financial benefits.

And making outsourcing illegal they will call you a communist. So that way they can complain about all these illegal immigrants taking their jobs later and blame someone else for it instead of themselves.

[jankren]

isn't that sort of the point? You should put people first, not financial benefits.

I mean financial benefit for the country as a whole because the fact is big businesses are more able to fight in international market. I mean whats the point of protecting small domestic car makers for example if foreign giant car maker companies are just going to export cheaper cars and steamroll on the domestic made cars?

If you mean protecting as in protecting from big business than I mostly agree they don't need protection.

Thats what I mean. Like why do small businesses get bigger tax breaks and stuff?

[Alkarin]

I mean financial benefit for the country as a whole because the fact is big businesses are more able to fight in international market. I mean whats the point of protecting small domestic car makers for example if foreign giant car maker companies are just going to export cheaper cars and steamroll on the domestic made cars?


Thats what I mean. Like why do small businesses get bigger tax breaks and stuff?

Right, the point is, financial benefit should not be your top priority. Living beings that have feelings and families should be.
And 52% of America is Small Business so i'd say as you guys being the richest nation in the world that shouldn't (and isn't) really a problem

[Phier]

Thats what I mean. Like why do small businesses get bigger tax breaks and stuff?

I own a small business. The only real tax break I get is for expenses, which if i didn't have I'd not ever be able to open a small business. Big business gets the same breaks.

I don't get any corporate welfare, I don't get any tax breaks for opening up in a certain state, I don't get favorable zoning or whatever, I get no 'perks' so to speak beyond the basics of running a business.

So I'm not sure what you are talking about.

[jankren]

I own a small business. The only real tax break I get is for expenses, which if i didn't have I'd not ever be able to open a small business. Big business gets the same breaks.

I don't get any corporate welfare, I don't get any tax breaks for opening up in a certain state, I don't get favorable zoning or whatever, I get no 'perks' so to speak beyond the basics of running a business.

So I'm not sure what you are talking about.

Im not very versed in economics myself but Im just curious because I keep hearing politicians talk about protecting small businesses and stuff. As for jobs, suppose small private businesses were kicked to the side, that doesnt mean those jobs will disappear because logically the big corporations will just replace those businesses with their own stores which usually employ more employees, right?

[Phier]

Im with Theodore Roosevelt in favoring few business giants competing with one another fairly than many businesses of various levels competing with over half of the competitors have to be helped in order to stay in the competition.

So why protect really small businesses?

About half the US work force works for a small business.

If you mean protecting as in protecting from big business than I mostly agree they don't need protection.

Small business does need protection, but mostly from the government itself.

[JP226]

I'm sure this point was brought up already as I quickly skimmed through, but you have any idea how many people are employed by S corps, LLC's partnerships and sole proprietorships? Take my state for example, a "big business" is going to qualify as a C corp classification. And as such they are the only ones that pay taxes. They also account for 36,006 businesses with a positive tax liability. 205k or so total make up the entire population of C corps. There are also well over 1 million businesses in Florida, employing atleast, the very least, half the work force.