12195Re: Why don't companies promote LVT
- Nov 4, 2011--- In LandCafe@yahoogroups.com, "John" <burns-john@...> wrote:
>The world may be, but--at least if they have any sense--the CEOs are not. Nobody should expect them to.
> --- In LandCafe@yahoogroups.com, "walto" <calhorn@> wrote:
> > --- In LandCafe@yahoogroups.com, "walto" <calhorn@> wrote:
> > >
> > > Again, John. In the U.S., corporations
> > > don't need LVT to pay low corporate taxes.
> > > They already have quite low effective rates.
> > > They're not stupid.
> > A comprehensive study released on Thursday
> > found that 280 of the biggest publicly
> > traded American companies faced federal
> > income tax bills equal to 18.5 percent
> > of their profits during the last three years
> > little more than half the official corporate
> > rate of 35 percent and lower than their
> > competitors in many industrialized countries.
> The UK is 28%, average in EU is 25%
> "At least 22 Vodaphone stores were shut down around the UK on Saturday (30 Oct) by the direct action of people angry at the tax dodging telecoms company. Private Eye has calculated the company have come to an agreement with the Exchequer that excuses them of a £6 billion tax bill."
> The idiot UK Finance minister, Osbourne (who is very green and has a degree in history, but Daddy is a Baronette), did not collect £6bn, which he could have, which would do nicely for other essential projects for those forced out of jobs. Many other large companies are doing the same in paying little tax.
> The world is screaming out for LVT as land cannot be moved off-shore.
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