3 ms·

I guess I'm not so sure it's a negative for the market as a whole. It allows for some sort of company-buying-market where a non-attractive-location-state can r

• cbsmith 12y ago
  You mean if we can funnel tax friction on local businesses to distort the market enough so that the national & international employers they compete with have reduced friction if they make otherwise suboptimal decisions for locating parts of their business, everyone wins? ;-) In isolation maybe, but in aggregate it means national & international employers have an additional advantage over local employers, state coffers are thinner, and far more jobs lack long term prospects (because hey, if it only made sense to set up shop when there was a big windfall attached to it, sooner or later it makes sense to go after another windfall somewhere else and shut down what you are doing there).
  • Dwolb 12y ago
    Haha yeah pretty much your first paragraph sums up what I was thinking. I wouldn't word it so drastically, but I like the point you make at the end: if there's no real investment by business in the community, then why not just relocate when the conditions are optimal? (e.g. another tax break)