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In reply to the discussion: Which side do you wish would win in the Scottish election? [View all]ieoeja
(9,748 posts)37. Actually, balkanization serves globalization.
You would be surprised how many countries are home to more global corporate giants than citizens.
And look at what Reagan did by shifting tax burden from the federal government to the states. State taxes were pretty much a non-issue pre-1981. State A could not lure a company to relocate from state B through a tax-free deal because state taxes just weren't that big anywhere. The Reagan shift allowed those states to compete with one another in this manner, and they leapt at it.
That does not alleviate the need for that tax revenue. You and I are left making up the loss.
Corporations bigger than governments is already a problem. Balkanization excerbates that problem.
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For the sake of the Scots, I hope YES wins. For the sake of the UK (and the rest of the world)
pampango
Sep 2014
#2
Anyone is, of course, free to renounce their US citizenship at any time.
Erich Bloodaxe BSN
Sep 2014
#52
The liberal economist Paul Krugman thinks it would be a disaster for Scotland economically.
pnwmom
Sep 2014
#5
Having a currency whose interest rate you do not control has proven to be disastrous.
Nye Bevan
Sep 2014
#42
Wasn't that based on his assumption that they'd still share a currency with England?
Erich Bloodaxe BSN
Sep 2014
#54
yeah, that part is iffy--but at least there would be the chance for govt regulation
librechik
Sep 2014
#19
India. A practice commonly used by the british called Divide and Conquer.
La Lioness Priyanka
Sep 2014
#36
LOL. i guess misogynists little assholes feel entitled to create their own history. nt
La Lioness Priyanka
Sep 2014
#41
The UK is broken, the only question is whether today will be a clean break. Here is why
LittleBlue
Sep 2014
#20
While some have pointed out that the withdrawal of lefty Scots from Parliament
Erich Bloodaxe BSN
Sep 2014
#56
It's already been announced that an independent Scotland would retain the monarchy
Spider Jerusalem
Sep 2014
#50
That was centuries ago and doesn't much influence any reasons for Scots voting for independence...
Spider Jerusalem
Sep 2014
#65