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@Dammit
Yahoo just relocated it's headquarters from Switzerland to Ireland in order to take advantage of the taxation situation.
What would happen if we changed from UK wide taxation levels to regional?
i.e. currently NE England is very beautiiful (countryside), housing is very cheap, and unemployment is very high- so if we set taxation on (say) an inverse scale to house prices vs. the UK average to try to remove the gravitational pull of London?