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A comment on Iowa's handout to Apple illustrates the folly of corporate welfare deals. Parent comment

Re:Iowa's handout to Apple illustrates the folly of corporat... by EpicEng on Wednesday August 30, 2017 @10:33PM (#15137767)
But often they chose to build in a location specifically because of the deals you're talking about. This is big money; citizens lose most (in terms of tax dollars) if apple stays out entirely.
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Re:Iowa's handout to Apple illustrates the folly of corporat... by aninhumer on Wednesday August 30, 2017 @10:48PM (#15137823)
Sure, but that's exactly the argument this article is attempting to refute.

It says that tax incentives don't actually factor into company's decisions that much, nor do they correlate well with economic performance.

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Re:Iowa's handout to Apple illustrates the folly of corporat... by mikeash on Wednesday August 30, 2017 @10:45PM (#15137815)
Apple will build it somewhere. The states would be better off banding together and pledging to put a stop to this nonsense.
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Re:Iowa's handout to Apple illustrates the folly of corporat... by quadrangle on Thursday August 31, 2017 @01:11AM (#15138293)
Precisely. It's a race-to-the-bottom.
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Re:Iowa's handout to Apple illustrates the folly of corporat... by fulafel on Thursday August 31, 2017 @01:18AM (#15138315)
It's a prisoner's dilemma type of situation. The best strategy for all states is to cooperate, making a deal like this is the "defect" option in the prisoner's dilemma.

Playing for a single win at the expense of others in one round of the game is near sighted.

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Re:Iowa's handout to Apple illustrates the folly of corporat... by mrgoldenbrown on Thursday August 31, 2017 @11:09AM (#15140835)
The article specifically rebuts that argument.
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