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The 300% tax still distorted the market by pushing Bombardier into a deal they otherwise might not have taken, into investing resources in a location (Alabama)
by forapurpose 9y ago
The 300% tax still distorted the market by pushing Bombardier into a deal they otherwise might not have taken, into investing resources in a location (Alabama) that they might not otherwise have chosen, and by taking a competitor out of a marketplace with very high barriers to entry.