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What? The internet is global and taxes are local. Why should governments allow a race to the bottom on tax rates?
by 3pt14159 9y ago
What?
The internet is global and taxes are local. Why should governments allow a race to the bottom on tax rates?
- mcny 9y agoExactly! To someone in California, is it any better if jobs move to Texas because of lax employee protection and rock bottom taxes as opposed to the jobs moving to China PR? Why do we allow this race to the bottom?
- easytiger 9y agoThere are more variables than tax rate behind business decisions.
- sgift 9y ago> Ireland is a very small country with no natural resources. Its way of participating in the EU's drive for growth was the nation's economic policy Irelands economic policy is "no taxes, make your EU HQ here!", so you just argued for the exact opposite position a few minutes before. Which one is it?
- easytiger 9y agoIt isn't no taxes. And yes certain deals were struck, still supported by the democratically elected government. You will have noticed every company in the world hasn't relocated... so yes, there are other variables.