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12104Re: Why don't companies promote LVT

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  • walto
    Nov 1, 2011
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      --- In LandCafe@yahoogroups.com, "roy_langston1" <roy_langston1@...> wrote:
      >
      > --- In LandCafe@yahoogroups.com, "John"
      > <burns-john@> wrote:
      >
      > > My economics degree Romanian girl friend said
      > > "if LVT with no income and corporation tax is
      > > such a good thing why don't companies push for
      > > it". She added, "I don't see them doing so".
      >
      > Because company directors are mostly rich,
      > privileged landowners, and the social circles
      > they move in consist mainly of rich, privileged
      > landowners. Productive companies are exquisitely
      > vulnerable to economic ostracism, and their owners
      > and officers are vulnerable to social ostracism.
      > Even if their owners understand the benefits of
      > LVT, they can't take the chance of offending the
      > owners of the companies they do business with.
      > Rent seekers, OTOH, don't have to worry about
      > losing business to the competition.
      >
      > -- Roy Langston
      >


      They also have found lots of other ways of avoiding corporate taxes that do not increase their personal tax liabilities.

      W
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