It is often argued that high business taxes will keep businesses from locating in a state and high personal income taxes will drive away wealthy individuals who might create jobs or locate executive offices in a state.
Read the first three chapters of Rethinking Growth by Robert Lynch, the article Tax Flight is a Myth by Robert Tannenwald, and the relevant sections on business and income taxes in Fisher.
What are the arguments for and against business tax cuts as a strategy to spur state and local economic development?
Do taxes matter much in location decisions?
the sources for this paper are three
Two will be attached to the order and the third sources is:-
State and local public finance – Ronald C. FISHER – fourth edition.
please make sure to cite accurately and answer the questions to the point