> Corporations can play the states against each other in regards to 'bidding' with tax breaks.

I was actually amazed when GE did move their headquarters from CT. Often that's a ploy to just get taxes lowered in place. The people who run economic development play along because then it looks like they actually did something "see they were going to leave but we got them to stay". This happens also at the county level in addition to obviously interstate. (WSJ story below).

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c...