Which is a nice class room dogma at odds with the basic facts of business. In a politically perfect world, that dogma works.
Unfortunately we live in a very imperfect world.
BIG surprise for the dogmatic Libertarian theorists. State and local governments have been using tax rate incentives to attract, or keep, business for decades. Politics involves working in the ACTUAL, not living in a bubble world alternative reality of dogma.
This is an example of why self styled “Libertarians” and “Movement Conservatives” have been the most politically improtant group in US History.
We are not going to undo 100 years of creeping socialism by stamping out feet and holding our breath demanding ideologically perfect political dogmas. Yet here we go again with the usual Movement Conservatives trying desperately to spin a win as a defeat because it does NOT fit their ivory tower dogmatically pure political fantasies.
In both cases it is an attempt to impose dogmatic ideological theories on the real world with no thought at all for outcomes and consequences.