Same. But I think their argument is that the investment is a net positive, but only if you actually get them to invest in your country and not the neighbours.
I can see why they would think that, but I agree with you that in reality it isn’t beneficial.
Id rather have internal companies invest in that hole in the market than reduce the taxes to have someone foreign invest in it, while moving a lot of that money out, leaving a tiny surplus.
It would be better for that internal investment to leave a LARGE surplus, and have no money leave.
Same. But I think their argument is that the investment is a net positive, but only if you actually get them to invest in your country and not the neighbours.
I can see why they would think that, but I agree with you that in reality it isn’t beneficial.
Id rather have internal companies invest in that hole in the market than reduce the taxes to have someone foreign invest in it, while moving a lot of that money out, leaving a tiny surplus. It would be better for that internal investment to leave a LARGE surplus, and have no money leave.