4 ms·
But is lowering effective tax rates a success if it is a race to the bottom?
by fastball 5y ago
But is lowering effective tax rates a success if it is a race to the bottom?
- londons_explore 5y agoIf a state can still do all the functions their people expect of them with fewer taxes, I think most people would call that a win.
- fastball 5y agoYes but I guess what I'm worried about here is a tragedy of the commons-type situation where if a couple states do it (offer better tax incentives) than they can make up for the lost revenue in other ways but if everyone is doing it then you have, well, a tragedy of the commons.