![Why hasn't tax competition triggered a race to the bottom? Some quantitative lessons from the EU - ScienceDirect Why hasn't tax competition triggered a race to the bottom? Some quantitative lessons from the EU - ScienceDirect](https://ars.els-cdn.com/content/image/1-s2.0-S0304393204001291-gr1.jpg)
Why hasn't tax competition triggered a race to the bottom? Some quantitative lessons from the EU - ScienceDirect
![Agathe Demarais on X: "Western companies tend to complain about corporate taxes, yet rates have been falling steeply since 1980 • In 1989-2019 effective corporation-tax rate on US firms dropped by three-fifths • Agathe Demarais on X: "Western companies tend to complain about corporate taxes, yet rates have been falling steeply since 1980 • In 1989-2019 effective corporation-tax rate on US firms dropped by three-fifths •](https://pbs.twimg.com/media/GH-o5nHXQAAJBlj.png)
Agathe Demarais on X: "Western companies tend to complain about corporate taxes, yet rates have been falling steeply since 1980 • In 1989-2019 effective corporation-tax rate on US firms dropped by three-fifths •
![US corporate tax cut will trigger global race to the bottom with Europe and China | NextBigFuture.com US corporate tax cut will trigger global race to the bottom with Europe and China | NextBigFuture.com](https://nextbigfuture.s3.amazonaws.com/uploads/2017/12/e6113fdbdb074dca2399de04aec205a2.jpg)
US corporate tax cut will trigger global race to the bottom with Europe and China | NextBigFuture.com
![Jeffrey Sachs and the Fictional “Race to the Bottom” Caused by Tax Competition | International Liberty Jeffrey Sachs and the Fictional “Race to the Bottom” Caused by Tax Competition | International Liberty](https://danieljmitchell.files.wordpress.com/2011/03/sachs-race-to-the-bottom.jpg)
Jeffrey Sachs and the Fictional “Race to the Bottom” Caused by Tax Competition | International Liberty
![Adam Tooze on X: "If the effective corporate tax rate is your guide, then the real break into a "race to the bottom", corporate-biased tax regime, is under Bush in 2001, not Adam Tooze on X: "If the effective corporate tax rate is your guide, then the real break into a "race to the bottom", corporate-biased tax regime, is under Bush in 2001, not](https://pbs.twimg.com/media/D_HQlzMXYAAyeC3.jpg)
Adam Tooze on X: "If the effective corporate tax rate is your guide, then the real break into a "race to the bottom", corporate-biased tax regime, is under Bush in 2001, not
![Tax Foundation on X: "3. In recent years, this decline in corporate tax rates around the world has leveled off. “We aren't seeing a race to the bottom, we're seeing a race Tax Foundation on X: "3. In recent years, this decline in corporate tax rates around the world has leveled off. “We aren't seeing a race to the bottom, we're seeing a race](https://pbs.twimg.com/media/FmX8H_CWABAuxzW.png:large)