Re:Paradise Papers: Dear Tim Cook
by chestervonwinch on Wednesday November 08, 2017 @07:57AM
(#15651918)
There is an amount that the gov loses by allowing tax breaks and other perks to such businesses. Is this amount recovered (by some measure) through the assumed economic stimulus?
I'm certain that someone has looked at these numbers in case studies, but I don't have the time to wade through literature currently.
With this interpretation it would make sense to entice large corporate entities to arrive and/or stay put.
Of course, the path from economically motivated kick backs to pure cronyism is not too long, so cynicism is always warranted.