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throwing838383 | 6 years ago
So, create some large enough tax incentives for companies to move there, and people will follow.
throwing838383 | 6 years ago
So, create some large enough tax incentives for companies to move there, and people will follow.
pchristensen|6 years ago
The closest example to what you’re saying are the artificial capital cities like Brasilia and Canberra, but then you’re talking about the backing and resources of an entire country’s federal budget.
hn_throwaway_99|6 years ago
Except companies don't just go to places because of tax incentives. Indeed, many companies (and people) stick around CA despite the super high tax burden because it has so many other things going for it. Conversely, places with very generous tax incentives can sometimes still have trouble attracting companies because the reason their tax incentives are so high is because they are lacking in other respects.
throwing838383|6 years ago
I would imagine businesses that compete with low margins would be looking for such incentives.