
Originally Posted by
sundance
In Alberta cities are prohibited from offering tax breaks, they might be able to arrange great lease deals, but really this is a "race to the bottom", with the only advantage to the winning city being the taxes paid by the employees (income, property, sales)
http://www.slate.com/articles/busine..._s_new_hq.html
although sometimes you don't have to "offer tax breaks" to be competitive...
as an example, health care for employees is free in alberta, a considerable advantage over every american jusrisdiction when you have 50,000 employees.
total tax levels - federal, provincial/state, municipal, vat - are lower than most american jurisdictions, a considerable advantage over every american jusrisdiction when you have 50,000 employees.
quality education and post secondary education are considerably more open and less expensive than most american jurisdictions, a considerable advantage over every american jusrisdiction when you have 50,000 employees.
on a world-wide basis, we offer a competitive and stable currency along with a freer flow of both human and financial capital than american jurisdictions.
there are many things - and many of them have been discussed in this thread and elsewhere on this forum - that don't require alberta cities and edmonton in particular to offer tax breaks in some sort of a race to the bottom to be competitive.
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