4 ms·
You don’t seem to know what the word “protectionism” means. Tax incentives are not protectionism.
by throwaway37585 8y ago
You don’t seem to know what the word “protectionism” means. Tax incentives are not protectionism.
- jopsen 8y agoHow is unfair tax incentives different from direct subsidies?
- throwaway37585 8y ago1. Unfair according to whom? You're presenting your opinion as if it were fact. 2. To put it bluntly, the fact that you equate tax incentives with direct subsidies suggests you don't understand economics. https://mises.org/library/no-tax-breaks-are-not-subsidies https://mises.org/library/no-tax-breaks-are-not-subsidies
- jopsen 8y ago1) Fair point.. In the EU we have laws against using tax incentives to lure companies to specific countries or cities. Unlike the US where Amazon is currently picking the location it's next headquarters based on what tax incentives Amazon can get. This kind of race to the bottom is not permitted. Yet, certain EU countries have been finding ways around it to attract/retrain specific business.. At least that's my impression.