If I were emperor, I’d have Cat building a factory in Detroit by their own choice.
“I’d have Cat building a factory in Detroit by their own choice.”
Cities exist because of the mutual availability of labor and employers. Detroit has run off all the employers with bad tax policy, which in the national picture has also run numerous US companies abroad. But the labor side of the equation is a motivated good quality work force. I don’t think that exists in Detroit. What is left are the takers. The makers left long ago. Those who would happily take the jobs are not qualified to do them. For example, literacy in Detroit is at third world levels.
It’s situations like the one with Cat that show why we should eliminate the corporate tax. It would be a huge financial windfall for this country from the point of investment and jobs. Corporations have the capability to avoid the tax. If they will avoid it, eliminate it.
The fallacy is believing that those who write tax law will outwit those who have the greatest incentive to avoid it.
I presume you mean by making it easy enough to do it.