Friday, February 15, 2019

When Cities Go To War: Why Tax Incentives Are 'Terrible' | Think | NBC News

This short video from NBC news, obviously not a hotbed of libertarian dogma, explains that you cannot create wealth by purchasing jobs and that the hype of the benefits of attracting the new company rarely lives up to the expectation.  The basic unfairness of taxing existing local business to subsidized new arriving wealthy companies is stated.

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