Quote:
Originally Posted by Cecil Terwilliger
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.
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This is literally the exact logic that people who say socialist policies don't work apply. A "race to the bottom" only occurs when absolute policies are applied.