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by hn_throwaway_99 2434 days ago
> So, create some large enough tax incentives for companies to move there, and people will follow.

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.

1 comments

well, it depends on whether your in a high margin or low margin business or and whether or not your a monopoly business. Amazon, entertained many offers from many cities to find the best tax incentives.

I would imagine businesses that compete with low margins would be looking for such incentives.