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by bell-cot
819 days ago
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Reaction: Is ignorance of history a requirement to hold political office in Ireland? 'Cause last I heard, Ireland's experience with richer / larger / more powerful / more developed nations taking root in Irish soil was rather grim. EDIT: I wasn't just thinking of China. As the article notes: > Ireland’s budget watchdog, the Irish Fiscal Advisory Council said last year that just three foreign companies contributed around a third of Ireland’s corporate tax revenue from 2017 to 2021. Company filings showed Apple, Google and Microsoft paid the most taxes in 2021. > The Central Bank is also warning of the country’s over-dependence on income tax revenue from a small number of the world’s richest countries. ...which leaves Ireland hostage to a tiny number of foreign corporations, that obviously don't give a crap about the country. And to the foreign tax laws which - for now - allow trillion-dollar corporations to launder their profits through tax-haven Ireland. |
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