3 ms·
That's what the anti-tax people often say but it's not economics 101; it's rhetoric 101 - say what sounds plausible with a lot of confidence. The economics: Fi
by wolverine876 4y ago
That's what the anti-tax people often say but it's not economics 101; it's rhetoric 101 - say what sounds plausible with a lot of confidence.
The economics: First, people choose their locations based on many, many factors, including familiarity, investments, network, services, family, and, most of all, intertia - people generally don't move unless they have a strong motivation; generations stay in the same place. Second, many people prefer to live in communities that invest in themselves and their people. Finally, European countries generally don't have a lower tax burden.