Last week, Jeff Pruitt proposed in a comment posted to this blog that there should be a federal law prohibiting cities and states from offering subsidies and special tax breaks to companies for the purpose of getting them to move from one state to another. Not to brag, but I had the same idea back in 2005.
Such a law would keep corporations from playing state governments against each other. You all know how the game works. MegaMundo Incorporated announces that they are building a factory that will employ 500 skilled workers. But they claim that they are trying to decide between 2 different possible locations. Let the bidding begin!!! City A offers 100K in incentives, and City B offers 150k. But MegaMundo decides to go to City A because its close to an major interstate highway. They cash City A's check. The reality is that they were planning to go with City A all along.
Next year is a presidential election year. So write to your favorite presidential and congressional candidates. Let's see if we can get this adopted as part of a platform.