Anybody else figure out the endgame when they saw the beginning?
"Oh crap, the hometowns just kick back a percentage to the taxpayer and suddenly Tokyo is bankrupt - as the hometowns outbid each other in a race to the bottom, eventually they lose too and it ends just being an expensive and complicated tax cut".
Reality turned out even worse, with brokers skimming off a percentage.
I suppose it's fair. In Japan, registering yourself in Delaware for bullcrap reasons isn't just for corporations anymore!
"Oh crap, the hometowns just kick back a percentage to the taxpayer and suddenly Tokyo is bankrupt - as the hometowns outbid each other in a race to the bottom, eventually they lose too and it ends just being an expensive and complicated tax cut".
Reality turned out even worse, with brokers skimming off a percentage.
I suppose it's fair. In Japan, registering yourself in Delaware for bullcrap reasons isn't just for corporations anymore!