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Low corporate taxes have been one of the popular explanations for the Irish economic miracle™. Most of the people talking about them at the moment will use any excuse to attack the Lisbon treaty, so their good faith is questionable.


Oh, and I wonder: how does the Irish government compensates for (relatively) lower corporate tax revenues?

Less services and lower investment in public services. Meanwhile everyone complains about the problems with public services.
by Colman (colman at eurotrib.com) on Mon Apr 21st, 2008 at 07:03:20 AM EST
[ Parent ]
So the tax breaks are not paying for themselves? Yeah, I know, couldn't resist pointing that out.

And does the "French" scarecrow work well in Ireland? Or is it a Murdoch import?

Europeans think a hundred miles is a long way. Americans think a hundred years is a long time.

by Bernard on Mon Apr 21st, 2008 at 07:29:22 AM EST
[ Parent ]
I can't see the French scarecrow being very persuasive here. The issue with the farmers and WTO talks is much more powerful.
by Colman (colman at eurotrib.com) on Mon Apr 21st, 2008 at 07:43:01 AM EST
[ Parent ]

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