10 ms·
That's a _very_ fair practice to attack, although to be honest once the rules have been written it would be kinda stupid not to play the game this way. But allo
by radu_floricica 6y ago
That's a _very_ fair practice to attack, although to be honest once the rules have been written it would be kinda stupid not to play the game this way. But allowing cities to offer huge allowances and tax breaks is hugely unequal to other businesses in that area, and creates perverse incentives where the auction ends up with a likely negative value, just so some politician can brag that he brought X or Y or Z in his city.
To note that this is the opposite of free market: the crux of the problem is allowing politicians to write checks/tax deductions to businesses for purely political purposes.