- Joined
- Jan 15, 2019
Yes people do business in Ireland becuase it's low tax.The problem with GDP as a tool of measurement is that it treats guys moving money on a spreadsheet just as valuable as a factory making an exact same value of steel drums. It leads people into thinking things are alright when half the country's on the skids. While I don't exactly doubt Ireland's farming sector is doing fine, it still isn't going to change the fact that the main reason people do business in Ireland is due to EU allowing them to work well as a tax avoidance scheme. It's not a robust base to build a modern country on.
The 'robust' move is what, to have a marginal 40% tax rate? Mainland European levels of unemployment are just side effects.