[dazc]

Look at Ireland, low corporation tax (we won't even force you to pay it at all if you're big enough) and a booming economy - producing feck all.

If it wasn't low taxes that achieved this then what was it?

[andsoitis]

Taxes are a part of the story, but neither the whole story nor sufficient on its own. There are other countries with lower corporate taxes, but with a worse economy.

Other things it’s got going for it is a highly educated English-speaking population, geographically favorable location between Europe and the US, which, together with the favorable tax policies, makes Ireland especially useful for American tech and pharmaceutical companies.