“Bye bye, FDI!” – Ireland’s big fat corporate tax sell-out
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Diplomat Ray Bassett talks about his run for the Seanad, Ireland’s 12.5% corporation tax, an EU Army, Euroscepticism, & more.
There’s also this to consider: If the 12.5% rate is not, as he claims, of vital importance to attracting multinational investment to Ireland, why haven’t we raised it to 15% ourselves, voluntarily, years ago?
In 1962, President John F Kennedy committed to “an across-the-board, top-to-bottom cut in personal and corporate income taxes.” The tax system, he argued, “exerts too heavy a drag on growth; it siphons out of the private economy too large a share of personal and business purchasing power; it reduces the financial incentives for personal effort, […]
The IMF said raising taxes would be necessary to fund investments in human and physical capital.
“Amazon pays all the taxes required in every country where we operate,” the spokesman said.
Despite the Irish elite’s fawning attitude to the American Democrats, it would seem that the Biden administration is paying them no heed. One of the reasons that the Woke corporations – and their dependents in countries such as Ireland – hated Trump was that the former U.S. President was attempting to ensure that Ireland and […]
It is expected that Bank of Ireland will not pay corporation tax for at least another ten years, whilst AIB and Permanent TSB will not pay any until almost 2040.