Struck by a parallel between arg that cutting city taxes will lure in roving businesses & arg that transit etc just needs more funding...
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yes, out of the two arguments I prefer the lower tax one--but it's rarely framed in terms of new starts...
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...also, I have this feeling that there's a lot more to starting a new business than being assured of low taxes on your eventual earnings
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which I realize is a roundabout way of saying I think low taxes are more useful to existing than new businesses
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In a progressive tax scheme the q is basically, is the main draw of your own income assured steady income or possible big win?
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The reality is that like 9 out of 10 biz fail and even successful ones have shitty yrs and amazing yrs... so tax effects are potentially big
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(Plus with high taxes and lots of tax-incentive policies, you get a ton of overhead and logistics)
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my arg isn't that low taxes are worse than high taxes for new businesses, but that existing biz gets more out of low taxes than new ones
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yes, def. That's why the incentive for each local govt must be lateral movement of existing firms, even tho social benefit is new firms.
End of conversation
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