Question: In Switzerland the cantons states offer low tax rates
In Switzerland, the cantons (states) offer low tax rates “ to tempt multinationals to establish regional headquarters or other operations in their jurisdictions. In doing so, other states are trying to take business away from Zug, the canton that has mastered the game of attracting business to such a degree that it is beginning to run out of space” [ Ball and Bryan- Low, 2010]. Does the lowering of tax rates by the cantons make sense from an efficiency standpoint?
Answer to relevant QuestionsIn 2011, Denmark introduced a tax on foods with more than 2.3 percent saturated fats. The goal was to reduce obesity. Is such a tax consistent with a mechanistic view of government? In 2012, presidential candidate Mitt Romney proposed extending the cut in marginal income tax rates passed during the Bush administration. Explain why theory alone cannot predict how labor supply would be affected if this ...In which of the following markets do you expect efficient outcomes? Why? a. Hurricane insurance for beach houses b. Medical care c. Stock market d. MP3 players e. Loans for students who wish to attend college f. ...[This problem is for readers who know some calculus.] Suppose that there are only two people in society, Mark and Judy, who must split a fixed amount of income of $ 300. Mark’s utility function is UM and his income is IM . ...Assume that the towns of Belmont and Lexington have different demand curves for firefighters and can hire firefighters at the same constant marginal cost. Suppose that historically their state government has required the two ...
Post your question