Race to the bottom?

As multinational corporate headquarters are moved to Ireland, the Cayman Islands, wherever, why should a nation think holding corporate taxes firm, won't result in the largest business simply moving abroad? The only answer I can imagine, is (God help us), a global government of some kind. Please, tell me how I'm wrong. Please!

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  • Michael Mcgehee
    published this page in Ask Prof. Wolff 2017-11-18 14:24:20 -0500