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I would say that's fine. The law can do two things, incentivizes you to try to hire locally, and if you can't, prop up the tax payer coffins with a 25% tax, the
by didibus 1y ago
I would say that's fine. The law can do two things, incentivizes you to try to hire locally, and if you can't, prop up the tax payer coffins with a 25% tax, then maybe use that to generate other jobs, provide services, etc.
The more important question is if it will hurt the economy in the area. So your mentions of bypassing it, companies leaving to go elsewhere, and so on.
Personally, I think it would make more sense to tax companies that want to sell in Ohio, and offer tax credit to those who also employ in it. Though it's hard to predict how any such idea would play out. Otherwise it seems to hurt local companies the most as their cost to compete goes higher.