Well the laws should be applied equally to everyone, including tax laws. That's a pretty simple principle. If you're going to make an exception, you need to reassure people that rule of law is still a thing and you're not just letting a company buy a different set of laws for themselves, which is kinda what this looks like.
Yeah, hopefully the next time an $800B company developing cutting edge software/tech wants to locate in an economically stressed area stakeholders do better job reassuring people the rule of law still applies.
