Comments about ‘John Hoffmire: What about family businesses?’

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Published: Monday, June 2 2014 7:30 a.m. MDT

Updated: Wednesday, June 4 2014 10:03 a.m. MDT

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marxist
Salt Lake City, UT

While he is at it, I wish the writer would examine the issue or prospect of Worker Self Directed Enterprises, WSDE's, in which leftists like myself find some hope.

Ultra Bob
Cottonwood Heights, UT

Family owned businesses are a denial of the American creed of equal justice for all.

Actually I don't know if equal justice for all is in the American creed, it's just that I get that meaning from the founding documents and the pledge to the flag.

When power and wealth is passed to the new generation on a basis of family relationship, the notion of equal justice for others is simply thrown out the window. Yet, in the recognition of the family as a very important structure of our society, one can't refuse the right of a parent to return the favor of allegiance as given by one's offspring.

A government of the people, for the people and by the people, would seek to equalize the equality of justice by taxing the transfer of wealth. The inheritance tax imposed on the deceased is a feeble attempt at that, but is inadequate and unfair. The tax should be on the income to the individual in the same manner as the personal income tax on all other kinds of income.

2 bits
Cottonwood Heights, UT

I have no problem with Family owned businesses.

Predicting how the family will manage the business (with their track record) is as reliable as trying to figure out how a board of directors will manage the company.

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I have no problem with WSDEs as well. They are harder to predict, but at least you have a say in how the company is run (and the money to do it comes out of your pocket). So if you need a huge influx of money (to build more buildings in other parts of the country, or expand the current build, or renovate your business)... it's harder for these people to come up with that kind of money (billions in some cases).

WINCO seems to be doing fine, and they are a WSDE.

I don't see how that's a leftist ideal though... they are just as capitalist as any other company I know of. The employees appoint the CEO, but they are just as out for profit as any company out there.

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No problem with "non-profits" as well... I work for one now.

2 bits
Cottonwood Heights, UT

Ultra,
Our Constitution in no way prohibits family businesses.

When the Constitution was written all businesses were family owned, or government owned (we didn't have "corporations" or even a stock exchange in America then).

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Nothing in our current law prohibits family businesses.

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How are family owned businesses "a denial of the American creed of equal justice for all"??

Do YOU not have the right to start and own your own business?? Of course you do!

Just because you choose NOT to start a family business (and instead choose to work for a business somebody else started).... does NOT mean you have been unequally treated by our laws...

2 bits
Cottonwood Heights, UT

"They account for 60 percent of total U.S. employment, and 78 percent of all new jobs"... but they are evil people, and deny the American creed of equal justice for all... right Ultra?

Mike Richards
South Jordan, Utah

Any business requires risk. Somebody has to put capital at risk. Somebody has to hire people to produce a product or to provide a service. Somebody has to do the required research to see whether their "better mousetrap" solves somebody's problem.

Those who demand that workers get a bigger share have to ask themselves why those workers are not willing to take that risk.

Those who tell us that government should redistribute the profits from the few businesses that succeed can't show us any part of the Constitution that allows government to take anything from anyone without paying the fair market price.

Anyone in America has equal opportunity to risk his money. Those who have little to risk can still buy stock in other businesses. They don't have to wait until they can buy an entire business. They can buy just a few shares and then reinvest any profits.

A wage does not transfer ownership. The person who washes your car does not receive the title to your car. But, there are those who think otherwise.

Ultra Bob
Cottonwood Heights, UT

2 bits.

I don't think that all the un-American beliefs and activities are mentioned in the Constitution. I don't recall seeing the word hate in the Constitution and yet it is the most pervasive un-American activity in America. I think the Constitution might have it under freedom of religion.

It is not that family owned business is illegal or that families who own businesses are evil. The bad part of family owned business is the constant concentration of wealth that will take us back to the same world as England was at the time of the revolution.

The author states " First, many family businesses are run by owners who have a long-term and generational perspective. In many cases, they see themselves as stewards for the future."
That is the un-American part.

Ultra Bob
Cottonwood Heights, UT

Who owns business?

Who creates the opportunity for a business operation?

Who creates the need for a business operation?

Who provides the customers for a business operation?

Who provides the workers for a business operation?

Who specifies the quantity, quality and the manner of creation of the product?

Who provides the infrastructure needed for the business operation?

Who provides the protection from other businesses for the business operation?

Who provides the rules and regulations for the business operation?

Who pays for all the costs, wages, taxes and profits?

The answer to all of the above is Society and its agent called government.

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Who provides the money to build, run and create the product?

Who gets all the profit?

The answer to these questions is the Investor, who loans the business operation some of his surplus money

Badgerbadger
Murray, UT

These comments are just more self aggrandizing and entitlement from the leftists.

Maybe if you actually tried to create a business you would have an idea that business owners work. Just because you are looking for the easiest way to get through life, doesn't mean others do that. Many people look for a way to make the life better for others, and work their tails off to do that. In the process they build a successful business.

I have yet to see union workers or government workers work half as hard as those who start their own business.

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