> you don’t want to have this situation where states are competing with each other to see who can give the most corporate welfare- it creates a race to the bottom that forces all the tax burden onto the middle class in every state.
This right here needs to be emphasized.
It's easy for everyone to look at this and go "20MM/year for billions of investment? Yeah, that makes sense, right?"
Not right. This is overlooking externalities beyond those in the local area, such as the race-to-the-bottom possibility mentioned in the parent comment.
This right here needs to be emphasized.
It's easy for everyone to look at this and go "20MM/year for billions of investment? Yeah, that makes sense, right?"
Not right. This is overlooking externalities beyond those in the local area, such as the race-to-the-bottom possibility mentioned in the parent comment.