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What will we spend the Apple money on?

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  • 22-02-2018 5:22pm
    #1
    Shurimgreat
    Closed Accounts Posts: 4,133 ✭✭✭


    It looks like things are moving on this.

    https://www.rte.ie/news/business/2018/0222/942768-apple-tax/

    And yes I know other countries will get their cut and if we are lucky we will get half the money.

    What should we spend it on?

    Metro North?
    2 grand for every man, woman and child?
    Buy up some distressed loans?
    Pay off some of the national debt?
    Buy an island?

    What would give the most benefit to the most amount of people?


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Comments

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    #2
    uch
    Registered Users Posts: 7,008 ✭✭✭uch


    Free happy Pills for everybody, might calm down the snowflakes

    21/25



  • Options
    #3
    mikemac2
    Registered Users Posts: 2,926 ✭✭✭mikemac2


    Monorail!


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    #4
    kenmc
    Registered Users Posts: 7,276 ✭✭✭kenmc


    The state has spent 2.5m setting up the escrow account.

    What. The. Actual. Fück?


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    #5
    cnocbui
    Registered Users Posts: 19,733 ✭✭✭✭cnocbui


    The only thing that money should be spent on is paying off National debt, which currently stands at €207 billion, or €43,431 hanging over the heads of every man woman and child in the country.


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    #6
    Skylinehead
    Registered Users Posts: 11,690 ✭✭✭✭Skylinehead


    kenmc wrote: »
    The state has spent 2.5m setting up the escrow account.

    What. The. Actual. Fück?

    You can't just chuck 13 billion quid into a current account...


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    #7
    VinLieger
    Registered Users Posts: 17,654 ✭✭✭✭VinLieger


    Shurimgreat wrote: »
    What would give the most benefit to the most amount of people?

    Winning the appeal, keep all the apple jobs and not have 6000 hitting the dole queue not to mention the knock ons from other jobs that are indirectly employed thanks to them.


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    #8
    eeguy
    Closed Accounts Posts: 3,478 ✭✭✭eeguy


    kenmc wrote: »
    The state has spent 2.5m setting up the escrow account.

    What. The. Actual. Fück?

    Probably a % of the total. Someones getting a fantastic bonus this year


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    #9
    cnocbui
    Registered Users Posts: 19,733 ✭✭✭✭cnocbui


    Skylinehead wrote: »
    You can't just chuck 13 billion quid into a current account...

    I bet a Swiss bank could, without even blinking or raising an eyebrow.


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    #10
    VinLieger
    Registered Users Posts: 17,654 ✭✭✭✭VinLieger


    Skylinehead wrote: »
    You can't just chuck 13 billion quid into a current account...

    Shhhhh logic is not allowed in any discussion's on this topic


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    #11
    Sleepy
    Registered Users Posts: 24,151 ✭✭✭✭Sleepy


    Skylinehead wrote: »
    You can't just chuck 13 billion quid into a current account...
    No, you ask the various banks which of them will pay you the highest interest on the short-term liquidity you're providing them with.

    Shocking carry on.


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    #12
    derekc1010
    Registered Users Posts: 22 ✭derekc1010


    A new m50 a lot further out


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    #13
    RoboRat
    Registered Users Posts: 2,454 ✭✭✭RoboRat


    Buy lots of new free housing stock to give everyone who needs a 'forever home.' Hell, if they want a 6 bedroom mansion in the style of JR Ewings homestead complete with 50 acres in the centre of Dublin, give it to them - the Phoenix park is there... might even get a few detached homes in Stephen's green - we have the budget to bring in Santiago Calatrava to really make them forever homes.... Sure, they have earned it.

    The rest of us, keep the heads down and keep working like good patsy's :-)

    I'm sure they will find something useless to blow the cash on...


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    #14
    Skylinehead
    Registered Users Posts: 11,690 ✭✭✭✭Skylinehead


    cnocbui wrote: »
    I bet a Swiss bank could, without even blinking or raising an eyebrow.

    You're vastly underestimating how much money that is.


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    #15
    Ajsoprano
    Closed Accounts Posts: 698 ✭✭✭Ajsoprano


    It’ll be spent in a way that benefits very few people.

    Probably given back to apple in some way or in setting up a new quango.

    I would like it spent on an underground rail system in Dublin and then planning changed to allow high rise throughout the city creating crazy amounts of jobs and good wages for the working man.

    This won’t happen though with Fine Gael in charge.


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    #16
    RoboRat
    Registered Users Posts: 2,454 ✭✭✭RoboRat


    Skylinehead wrote: »
    You're vastly underestimating how much money that is.

    13,000,000,000 euro coins
    or 26,000,000,000 50 cent coins
    or 65,000,000,000 20 cent coins
    or 130,000,000,000 10 cent coins
    or 1,300,000,000,000 1 cent coins


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    #17
    RoboRat
    Registered Users Posts: 2,454 ✭✭✭RoboRat


    I would like it spent on an underground rail system in Dublin and then planning changed to allow high rise throughout the city creating crazy amounts of jobs and good wages for the working man.

    At a cost of €13,000,000,001 even....


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    #18
    Jim Bob Scratcher
    Banned (with Prison Access) Posts: 2,231 ✭✭✭Jim Bob Scratcher


    Bottle of Jameson for everyone in the country


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    #19
    RoboRat
    Registered Users Posts: 2,454 ✭✭✭RoboRat


    Digital voting machines... I'm sure we can get it right this time around. Spend the change on a big clock in the liffey and a few large overpriced monuments in the likes of Tullamore, Portlaoise, Tubbercurry...

    I hear the O'Donnells may be looking to upsize again.


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    #20
    CerebralCortex
    Registered Users Posts: 3,809 ✭✭✭CerebralCortex


    cnocbui wrote: »
    The only thing that money should be spent on is paying off National debt, which currently stands at €207 billion, or €43,431 hanging over the heads of every man woman and child in the country.

    Oh you're so austere.


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    #21
    lorcand1990
    Registered Users Posts: 356 ✭✭lorcand1990


    A half decent premier league footballer will probably be worth 13 billion in a years time.. we should invest in one now!


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    #22
    cnocbui
    Registered Users Posts: 19,733 ✭✭✭✭cnocbui


    Skylinehead wrote: »
    You're vastly underestimating how much money that is.

    No, you are vastly underestimating the scale of Swiss banking. That amount represents a piddling 0.23% of the assets held by Swiss banks in 2015


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    #23
    HONKEY TONK
    Closed Accounts Posts: 779 ✭✭✭HONKEY TONK


    Most of it will go missing to Consultants.

    Pay €50m to a consultant on building a €100k roundabout.


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    #24
    Cheerful Spring
    Closed Accounts Posts: 7,893 ✭✭✭Cheerful Spring


    VinLieger wrote: »
    Winning the appeal, keep all the apple jobs and not have 6000 hitting the dole queue not to mention the knock ons from other jobs that are indirectly employed thanks to them.

    The funnelling money to a blocked bank account. Ireland will not touch it till the hearing at the ECJ

    There is debate would we be better off with 13 billion. Apple profits are funnelled outside the country. The only benefit Apple has for us in employment. I guess the fear is American multinationals would be afraid Europe come after them too for non-payment of tax if we are seen to agree with Europe?


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    #25
    Grayson
    Registered Users Posts: 16,126 ✭✭✭✭Grayson


    bring the DART to Dingle?


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    #26
    barrier86
    Registered Users Posts: 254 ✭✭barrier86


    Skylinehead wrote: »
    You can't just chuck 13 billion quid into a current account...

    no one ever told Bernie Madoff that.


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    #27
    cnocbui
    Registered Users Posts: 19,733 ✭✭✭✭cnocbui


    CerebralCortex wrote: »
    Oh you're so austere.

    It's worked for me.


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    #28
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    kenmc wrote: »
    The state has spent 2.5m setting up the escrow account.

    What. The. Actual. Fück?
    Solicitors. That's the game to be in.


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    #29
    astrofool
    Registered Users Posts: 16,460 ✭✭✭✭astrofool


    The money will be repatriated to America with taxes paid before the EU gets a chance to get it, this is a battle between the US and the EU on the profits of american internet multinationals, Ireland just happens to be in the middle of this one.


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    #30
    cnocbui
    Registered Users Posts: 19,733 ✭✭✭✭cnocbui


    astrofool wrote: »
    The money will be repatriated to America with taxes paid before the EU gets a chance to get it, this is a battle between the US and the EU on the profits of american internet multinationals, Ireland just happens to be in the middle of this one.

    No.


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    #31
    VinLieger
    Registered Users Posts: 17,654 ✭✭✭✭VinLieger


    Cheerful Spring wrote: »
    The funnelling money to a blocked bank account. Ireland will not touch it till the hearing at the ECJ

    There is debate would we be better off with 13 billion. Apple profits are funnelled outside the country. The only benefit Apple has for us in employment. I guess the fear is American multinationals would be afraid Europe come after them too for non-payment of tax if we are seen to agree with Europe?

    Exactly so do we want a short term band aid 13 bil or long term expansion and increased employment which will bring in far more money and jobs?

    Also we all know its going to be nowhere near 13 bil for us


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