@vgr @BillMoyersHQ it needs to be a permanent fix, not one time deal, or the inversions will continue.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr@BillMoyersHQ corporations should not pay taxes. More trouble than it's worth. Repatriation better than money idle in island banks.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr@BillMoyersHQ lower tax rate to the discount rate co's apply to money in foreign shores. Anything else makes repatriation anti-investorThanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr 1) Not sure which one this is, but we're caught in a typical coordination game much like the one facing US states trying to regulate.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr 2) race to bottom on both tax rates and practical collection capacity - bribe the weakest state for the pareto firm-state deal.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr Basically, the free market for your firm's favorite tax regime drives prices down below median citizen preference for functional govt.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr The correct response is thus for global states set to collude in refusing to get this outcome via lucrative neighbor-beggar deals, butThanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr instead to form a united bargaining front, and put the screws to micro-states with no incentive to cooperate until they find one.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr Not holding my breath tho.Thanks. Twitter will use this to make your timeline better. UndoUndo
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