When I used the term china model, I was referring to the LACK of capitalism, not the use of it.
I think you're confusing capitalism with government and starting from the position that the prevailing tax rates and worker compensation are fixed or reasonable fares and anything less is a discount from that rate. Yes, there is a correlation between government and capitalism so long as states are free to compete with each other (supply and demand) and yes, government does get involved with capitalism where it makes sense.... no different than one business cutting overhead and delivering a product profitably at a lower cost than another business that is bloated. Excessive taxation and worker greed offer opportunities for others to benefit by offering enticements that benefit the offerers. If we didn't have the ability to compete among states, we truly would be under a national socialistic society.
The idea that taxes are reduced for some does not mean that in the balance of the economy, taxes aren't excessive. SC is no different in that regard. Many of our local businesses are taxed too much, so perhaps we should look at the Boeing eventual tax rate as proper. If a state/local government reduced all taxes to a lower level, perhaps the Boeing deal wouldn't look so favorable. But then, services would have to be reduced - perhaps not such a bad idea.
What you see depends entirely on where you sit..... and the complainant is usually the one whose ox is gored.
Frank