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But often they chose to build in a location specifically because of the deals you're talking about. This is big money; citizens lose most (in terms of tax dolla
by EpicEng 9y ago
But often they chose to build in a location specifically because of the deals you're talking about. This is big money; citizens lose most (in terms of tax dollars) if apple stays out entirely.
- mikeash 9y agoApple will build it somewhere. The states would be better off banding together and pledging to put a stop to this nonsense.
- quadrangle 9y agoPrecisely. It's a race-to-the-bottom.
- aninhumer 9y agoSure, but that's exactly the argument this article is attempting to refute. It says that tax incentives don't actually factor into company's decisions that much, nor do they correlate well with economic performance.
- fulafel 9y agoIt's a prisoner's dilemma type of situation. The best strategy for all states is to cooperate, making a deal like this is the "defect" option in the prisoner's dilemma. Playing for a single win at the expense of others in one round of the game is near sighted.
- mrgoldenbrown 9y agoThe article specifically rebuts that argument.