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How would a stronger federal government affect whether an individual state wants subsidize industry in order to attract business to said state? The feds still
by VWWHFSfQ 2y ago
How would a stronger federal government affect whether an individual state wants subsidize industry in order to attract business to said state? The feds still get their tax dollars no matter what. Do you mean like limit the kinds of business that the states can participate in? We see that in the EU and it's resulted in being basically non-competitive in any emerging industry. Individual countries could foster business in a much more competitive way if not shackled by EU regulations.
- nine_k 2y agoA stronger federal government could just mandate or forbid more things. The EU are trying this approach ("we are the world leader in production of regulations"), and it doesn't look like a breakaway success.
- 01HNNWZ0MV43FF 2y agoYeah I mean just have less stuff happen at the state level. Like state welfare kinda boggles my mind. Won't rich people gradually leave states with strong welfare systems for states with cheaper taxes? Isn't that why Elon Musk left Cali for Texas? How is welfare viable at anything but the highest level?