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>Shouldn't states be able to compete among themselves, in a free market fashion, in order to attract business development that is likely to pay huge dividends o
by rhino369 11y ago
>Shouldn't states be able to compete among themselves, in a free market fashion, in order to attract business development that is likely to pay huge dividends over the long term?
Sure, but that competition should be based on taxes that don't discriminate for and against certain individuals and companies.
There is also an argument that allowing states to compete with each other just causes a race to the bottom. Tesla was going to build the factory anyway. The country as a whole is worse off is Telsa is allowed to negotiate away all taxes by forcing states to compete over it.
- prostoalex 11y ago> The country as a whole is worse off In a vacuum environment where it's 50 states and no one else that rings true. In global environment US was already competing at country level, would Nevada be better off if the factory went to China or Mexico?