Well, yes, but aside from lobbying power, they also have legions of 'creative' lawyers and accountants to swerve those. Unless you align all tax jurisdictions, incentives are our best bet.
Replies
You appreciate that the same lobbying power, venue shopping and creative accountancy you think invalidates more coercive measures can all be brought to bear on incentives, right?
aug 11, 2025, 5:00 am • 6 0 • view
Of course, no system is perfect. But if the 'stick' hasn't achieved the required result, perhaps some 'carrot' may be more effective. Give medals, titles, honours for the biggest tax payers; appeal to their egos.
aug 11, 2025, 7:25 am • 0 0 • view
Not sure we've really tried the stick.
aug 11, 2025, 8:10 am • 3 0 • view