Low Taxes Brought Ireland Prosperity. A Global Tax Deal Now Threatens It.
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This video explains why Ireland is screwed because we are a tax haven for multinationals. According to the CSO, the national GDP (Gross Domestic Product) grew by 8% because the multinationals increased their exports. On paper, Ireland looks like a wealthy country because of this distortion brought about due to Fine Gael/Fianna Fail Leprechaun Economics. This unfortunately doesn't help Ireland or the Irish Economy which is measured in GNP (Gross National Product) once you STRIP away the activity
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This video explains why Ireland is screwed because we are a tax hav…
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Ireland joins OECD tax agreement, ends status as tax haven for multinationals | AppleInsider
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It was ruled on today that Ireland must recover up to $14.6 billion in unpaid taxes from Apple. So just how much tax was the tech behemoth paying? http://cnnmon.ie/2bOBD5R | CNN Business
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