I love this particular bit of prose: big corporations can play off one European country against the other in a regulatory race to the bottom, demanding ever low

I love this particular bit of prose: big corporations can play off one European country against the other in a regulatory race to the bottom, demanding ever lower if not downright homeopathic tax rates The interesting words there are "homeopathic tax rates". I've never seen them described that way. But the finance people at Apple, Alphabet, etc., are quite familiar with the idea, e.g. the "double Irish" or the "Dutch Sandwich".[1] [1] https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement