Crap - I never thought of this.
They're going to make rules about when corporations may and MAY NOT leave.
LOL! Good luck with that!
That's the really neat thing about corporations. they live and die with the filing of a form, so close it up, leave the city, and open up again elsewhere under another name.
Problem solved. :-)
Heard someone propose an ‘Exodus Tax’ on Corporations leaving a jurisdiction. They would pay a percentage tax on profits made during the entire length of time they were there. It would be painful.
A: Easy...seize all private property.
Mayors and city councils, in this view, can lead the drive to improve the prospects and living conditions of those in the bottom third of the income distribution.
So there is no free enterprise. Ask the folks in the upper 2/3 of the "income distribution".
They are, in short, enacting at the municipal level many of the major policy changes that progressives have found themselves unable to enact at the federal and state levels
Why not? It worked great in Detroit!
With considerable creativity and limited power, the new urban regimes are seeking to diminish the inequality so apparent in cities and so pervasive nationwide. They are mapping the future of liberalism until the day when the national government can bring it to scale Two words...Great Society!
Man this is sad!