You don't have to choose between a nice place and low taxes. high taxes and regulations can give you cities like detroit and chicago while low taxes and regula

You don't have to choose between a nice place and low taxes. high taxes and regulations can give you cities like detroit and chicago while low taxes and regulation can give you cities like hong kong, monaco, panama city, etc. In fact, the point of my comment is that the business could be located in a low tax jurisdiction, resulting in more funds flowing to the bottom line, while the owners and employees could be located somewhere they like, even a high tax jurisdiction if they wanted.