Irish corporate tax rate in huge trouble

My name is URL wrote: »

Exactly. What successful currency depends on crippling the people spending it in order to survive?

All of them (without exception) from time to time, actually.

Daegerty wrote: »

Don't want them and certainly at the cost our inefficient public service will charge for them

We're taxed to the hilt already. The dole is too much, too much is wasted on trying to rehabilitate scumbags who are beyond all reasonable hope. They should privatise things like RTE and the water supply and lay off half the bloody social workers and psychiatrists who just sit there making work for each other. In the good old days a misbehaved child would be given a slap and told to cop on, now he has every syndrome under the sun and needs 24 hour care in a specially built institution

The inefficiency and bad value which this state unquestionably secures from its public spending is a matter of negligent/parochial/crony politics and mismanagement. It is not an argument against raising taxes to ensure we have better value and better services for higher taxes. They are two very separate issues. By the same thinking we might as well abandon capitalism because its abuse was central to this recession. Do you favour that?


1) We're "taxed to the hilt" already to bail out the errors of unrestrained capitalism, not to create social justice. The difference is obvious to most people.

2) The "bloody social workers and psychiatrists" are saving Ireland much more money in the long run (through helping a wide range of communities on the margins) than most Irish people would understand. Cutbacks in this area are about as myopic as public policy can get. I know, because I'm working on those margins. Dealing with ignorant pricks with misplaced pig-ignorant right-wing libertarian views does not make it easier when I can put faces and lives to each of the cutbacks they advocate. Hopefully karma will triumph and they will suffer from the crime of the ignored kid of today when he grows up to be bitter and unforgiving. I, however, don't want the community I live in to suffer in the future because of the mistakes made today.

3) Privatising public bodies in a recession, when their prices are unrealistically low, is plainly madness. If this is what you'd do in power.... It's breathtaking that anybody other than a rightwing ideologue could propose this.

Lets have a common tax rate, france can stop its subsidies and bring theis up to our and the rest can lower the to ours. Problem solved. But i bet Enda gives in, for the good of Ireland me arse.

cosanostra wrote: »

But the "handout" is not for the irish people its for german french and british banks

Well, actually it is to fund the day-to-day running of this state, and to repay those foreign financial institutions. In my original post I clearly stated that the Irish should not countenance the latter. It is a different issue to our corporate tax rate. The state is, however, going along with paying these bondholders because the alternative is to make cutbacks so severe in Irish society that the Irish would, finally, revolt. This state does not have money to pay for its current expenditure without outside help in the short term. Alternatively, it could reject that help and make massive cutbacks and see what happens. Why do you think it didn't have the courage to do the latter?

The EU money is saving the Irish elite, and most probably the jobs of very, very many people on this forum whether they work in the private sector or the public sector. Personally I'd prefer all the pain upfront, but how many other people would like to take all these cuts now in one go?

Daegerty wrote: »

In the good old days a misbehaved child would be given a slap and told to cop on, now he has every syndrome under the sun and needs 24 hour care in a specially built institution

Yes, and they were such great, great days.

DUB777 wrote: »

Cause we gave our waters away,
Like our oil
Like our gas
& we're gonna stop cutting turf cause the EU says too. Its b0110x, they are b0110xes.

Stop blaming the EU for the decisions of a government made up of idiots, corrupt sociopaths and populist gombeens. Also us for not overthrowing them 4 years ago.

HellFireClub wrote: »

There is no financial case to be made for a business to move from this state if the CT rate is increased by 1%, none whatsoever,
QUOTE]

Tell that to the EX-Dell workers.

Laois_Man wrote: »

To the depressing git who said the country is finished.

Did you know Ireland is ranked……….

1st in Europe for economic freedom – Heritage Foundation 2011 Index

1st in the World for most highly employable graduates – European Commission

1st in Europe for most competitive location for R & D Investment – Mazars Review of Global R & D Tax Incentives Study

1st in Europe for youngest workforce – IDA Ireland

1st in Euro-zone of best countries for business – Forbes 2010

1st for Investment incentives – IMD World Competitiveness Yearbook 2009/10

1st for Immigration laws which do not prevent companies from employing foreign labour – IMD World Competitiveness Yearbook 2009/10

Ireland moves to 2nd place globally ahead of Singapore, Denmark and Switzerland takings its place as 2nd most globalised economy on last year’s rankings – Ernst and Young 2010 Index Rankings

Ireland retained 2nd place globally for attractiveness to FDI when adjusted for economy size – National Irish Bank/FDI Intelligence inward Investment monitor for 2010

US investment in Ireland now exceeds €165 billion – PWC March 2011

US investment in Ireland is more than their combined investment in Brazil, Russia, India and China – PWC March 2011

Ireland is the largest net exporter of pharmaceuticals in the world- PWC March 2011

And some will still try and tell you that the multinationals will want to leave if out corporation tax becomes 40% cheaper than most instead of 50% cheaper - even when we can still introduce the same hidden tax breaks that the likes of France has. Gimme a break. Laughable.

Lies dambed lies and statisics come to mind.