Two seemingly unrelated events last week point to flawed assumptions underlying the troubled relationship between government and business.
In his State of the Union address, President Barack Obama exhorted businesses to ask themselves "what you can do to bring jobs back to your country." As charming and politically expedient as his challenge may be, it conveniently ignores the fact that the global corporations that send jobs offshore may swear allegiance to the Almighty Dollar, but not necessarily to Washington.
Meanwhile, the Tax Foundation was itemizing which states do the most for business by offering the most advantageous tax climates. The Washington, D.C., nonprofit was founded in 1937 by executives concerned about escalating federal spending and taxes during the Great Depression. Its mission is to promote what it calls "tax consciousness."
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