IPFS News Link • Economy - International
Tax Competition: A Practical Way to a Low-Tax World
• arcleinOften neglected, however, is so-called "institutional competition" ?" or "state competition." It is, as the name already suggests, competition between states and government institutions. The idea is clear-cut: in a world with more than one state ?" such as the one we live in ?" individual states will almost inevitably compete with each other (as long as freedom to move at least exists in some way).