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Sounds pretty similar to what the NFL does anytime one of their stadiums turns 15. Some have argued their should be some sort of law barring states from doing t
by cjf4 12y ago
Sounds pretty similar to what the NFL does anytime one of their stadiums turns 15. Some have argued their should be some sort of law barring states from doing this, due to the zero sum nature at the national level. I just don't see how you could write a law without all sorts of undesirable side effects.
- danbruc 12y agoJust don't allow exceptions and treat everybody the same when it comes to taxation.
- fidotron 12y agoThe EU does have prohibitions on most aspects of state support of private enterprises, with a couple of notable exceptions, particularly the "cultural test". This has led to migration out of the EU for sectors which have tax breaks elsewhere (most visibly in techland this is videogames to Canada). Having lived on both sides of this I've concluded the EU model is the right one. The one real exception becomes when an aggressive external party tries to use state backed product dumping to displace all other existing market participants before jacking the price back up again. In those cases you will need punitive tariffs on imports, but that should be the exception and not the rule.
- blumkvist 12y agoThis is nonsense. Agriculture is heavily subsidized in the EU. Companies in the EU can apply for grants and funding to improve competitiveness, stimulate R&D. The EU also has programs which lets local governments allocate the money in what they deem "key sectors in the local economy". Member states also recieve funding for community and area development. Example of that is free (or subsidized) insulation.