12104Re: Why don't companies promote LVT
- Nov 1, 2011--- In LandCafe@yahoogroups.com, "roy_langston1" <roy_langston1@...> wrote:
>They also have found lots of other ways of avoiding corporate taxes that do not increase their personal tax liabilities.
> --- 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
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