Quote:
Originally Posted by blankall
It doesn't defy logic. For example, if you give a tax break to a corporation, and they move their production facilities into your jurisdiction, as a result of that tax break, then the workers they employ benefit.
Saying that cutting taxes at the top never works is no different than saying socialist policies never work. There are circumstances where both work, and problems only arise when people speak in absolutes.
|
No that absolutely doesn’t work. Corporations get cities to fight each other by lowering corporate taxes to unsustainable rates. Th companies then hold municipalities hostage to cripple their economies and leave if they don’t join the race to the bottom. Having cities fight to lower corporate taxes is bad. All it does is push salaries lower and create job uncertainty.