What are the pros and cons of cooperative/collaborative federalism?
Pros: Cooperative/collaborative federalism has the potential to promote national standards, and minimize the escalation of inter-regional and inter-governmental conflicts. Collaborative federalism represents de facto concurrence in areas of state/provincial jurisdiction. Cons: Retaining control over personal (PIT) and corporate (CIT) income taxes, as is the case in Australia, is tantamount to centralizing policy based on the mistaken belief that only central governments can play the meaningful role of nation building.
