Guest guest Posted June 7, 2001 Report Share Posted June 7, 2001 Lease payments are also tax deductible. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted June 7, 2001 Report Share Posted June 7, 2001 > These guarantees would > > provide some sort of > > insurance for the cows participating in the project, > > so that even if the > > project fails the cows don't suffer. The problem with a loan guarantuee is that it may encourage recklessness on the part of the dairyman who knows he has nothing at stake, really - if he fails, someone else picks up the tab. I would prefer to see the guarantuee more if there is a failure, there is a system for taking the cows and providing for them after the business has ceased. If a charity were to be the ultimate owner of the > animals, then it would "lease" these animals to > various participatory farmers. For a cow to enter the > system it must already have its "mimimum" needs payed > for as a calf. Or at least a sufficient endowment in place to generate the income to pay it's minimum. > > Upon potential failure of the business that the > charity has leased the cows to, as they are not > business property, they would be returned to the > charity, where its minimum needs are covered. Like that. And the oxen placed with farmers who would be paid to care for them, thus having free use of ox power, which makes it much more competitive with fossil fuels. Quote Link to comment Share on other sites More sharing options...
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