2 ms·
>I don't even mind a city competing on that field if they want to do so. I think you should since it's fundamentally distortive of the market. While a few gian
by frgtpsswrdlame 8y ago
>I don't even mind a city competing on that field if they want to do so.
I think you should since it's fundamentally distortive of the market. While a few giant corporations who are going to get the mayor and some council member's names splashed across the paper get billion dollar deals the rest of the employers in the area don't - it's an unfair competitive advantage.
There's two marketplaces at work here. One is with cities as atomistic units competing amongst themselves for jobs and the other is within cities with businesses competing amongst each other (on multiple dimensions.) Right now we corrupt both, the proper solution is to corrupt neither and that requires entirely ending these tax deals.