Re: Land, Labour and Capital Taxation....
From: robert j. kolker (nowhere_at_nowhere.com)
Date: 12/31/04
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Date: Fri, 31 Dec 2004 15:29:29 GMT
royls@telus.net wrote:
> The productive ones would benefit. But I don't think anyone knows
> just what fraction of any given large corporation's profits represents
> productivity, and what fraction consists of rents.
In the days when Ed Land's Polaroid Corporation was the leading bleeding
edge of technology they made there many bucks on technological genius.
Of course those days are gone and what is left of the company is now in
the hands of bean counters and suits. They do not make money by land
rent. They make money by looting the pension fund.
Bob Kolker
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