Re: Software companies etc would pay little tax with lvt
- --- In LandCafe@yahoogroups.com, Harry Pollard <harrypollard0@...> wrote:
> You'll recall I define rack-rent as "The highest amount that can beWhich would be rent, if landowners cared about production.
> extracted from a tenant while maintaining production."
> Any higher demand and lowest paid labors' wages will drop below subsistence - as George put it there will be a "cessation of life".Non sequitur.
> Of course, many demands do exceed this amount which accounts for the largeAsking price. Which is technically not a price, just a wish.
> amount of vacant land in all our cities. The rent demand - or its corollary, price - is too high.
> I suspect that most land sales are stimulated by outside circumstances. TheMost often, people just want to move.
> old man dies and the sons want to cash out his property. Or, perhaps
> serious health expenses, or the need to raise money for the kids' colleges forces the sale.
> Location rents are not freely established in a free market.Which works fine with land.
> Necessary to
> the proper action of the free market's price mechanism is the so-called 'Law of Demand".
> You know it. When demand rises, prices increase. This stimulates fresh production which arrives in the market and lowers prices.Or not. The Law of Demand says nothing about elasticity of supply.
> When rents riseNo, rent simply goes to the new equilibrium rent to reflect demand.
> in response to demand no more land can be produced and the rents continue to rise until they reach rack-rents.
> You should know something about locations. They are not cheaper or dearer.?? Absurd.
> A location in a city with a rent of $1,000 a year competes equally with?? They are self-evidently cheaper _because_ you get less, just as a Dodge is cheaper than a Lexus because you get less.
> another lot nearby with a rent of $5,000 a year. "Corner influence" will
> ensure that a corner lot will have a higher rent than the lots on each side
> of it. But the adjacent lots are not 'cheaper'. You pay less but you get less.
> Getting what the market will bear is fine in a free market. In a monopoly market it depends on the desperation of the demanders!I.e., elasticity of demand. That is not in any way mysterious.
-- Roy Langston
- --- In LandCafe@yahoogroups.com, "John" <burns-john@...> wrote:
> --- In LandCafe@yahoogroups.com, "roy_langston" <roy_langston@> wrote:So you are in fact being paid multiple times for the same work, just as Shaw said.
> > --- In LandCafe@yahoogroups.com, "John" <burns-john@> wrote:
> > > --- In LandCafe@yahoogroups.com, "roy_langston" <roy_langston@> wrote:
> > > > > If I write a book and it sells well for
> > > > > 5 years, where am I being paid many times?
> > > >
> > > > You are being paid each time someone buys one.
> > > > Surely this is obvious.
> > >
> > > I am not. Over 5 years if the book
> > > makes say £100,000 and then publication halts,
> > > then I have been paid once for that book run.
> > No. If you had been paid a flat fee,
> > that would be one payment.
> Roy, so what!
> If I get paid one fee at the end of a book run or drip fed each time a book is sold, it doesn't matter. One thing that is clear, it is MY book and MY work.No, it is being produced by a publisher and sold by booksellers. For whose work YOU are being paid multiple times.
> The most recorded song in history, by countless artists, is "Yesterday" written by Paul McCartney. He gets a royalty for each record sold, or played on air, by those who copy.Getting paid millions of times for the same work, just as Shaw said.
> Those who copy still make money as well.Some do, some don't. How would that be relevant?
> I see nothing wrong with that. Paul McCartney has never stopped any of them recording his song.Then why would they pay him for doing nothing?
> All the proceeds of his original go to him and rightly so..No, it is not just "his original," but all the other arrangements and versions as well.
> > > He took someone else's effort.He indisputably did.
> > What do you mean, "took"? He made his
> > OWN effort, creating a new product which
> > others did not create.
> He did not.
> He took the efforts of other authors R&D and rolled it into one book.No, he did his own R&D, making one better book using ideas from worse books.
> I have always thought of doing the same myself. Within a few weeks a "new" book can be knocked up by using other people's efforts. I am sure it happens all the time.And there is nothing wrong with it.
> > > > > What about the case of a large companyBecause they refuse to know the facts about how land titles and other privileges, which are no part of a free market, steal from the productive and give to the privileged.
> > > > > making millions using your work and you get nothing?
> > > >
> > > > Good for them: it means they are more productive
> > > > and efficient than their competitors, who have
> > > > access to the same knowledge and ideas. If you
> > > > want to get paid for your work, make an arrangement
> > > > to get paid before it enters the public domain.
> > >
> > > That is pure naivety.
> > It is fact.
> Many Socialists claim all the free market does is allow most money to gather with a few percent of the population.
> They claim a free for all does this so control, or state ownership is needed. We see it now with powerful corporations.I see powerful corporations enriching themselves through privilege, not the free market.
> The right never thought through their ideal - the repercussions of when the free-market is rigged or monopolized.The right thinks freedom consists in the privileged being free to remove others' freedom with government's help.
> Roy, you have this ideal of a free for all re: patents and copyright. I agree with it in principle. But when thought through it falls apart.No, it does not.
> The money will rise to the top.<sigh> How much money do Paul McCartney, DisneyCorp, etc. have under the CURRENT system, John?
> I know it is not right. I do not know the solution to the problem - because I have never thought it through.That's OK. I have.
-- Roy Langston