Politics Today

[tavyred]

I’m sure we’ll lend them some cash if they need it.

Yeah, like the last time!

 

[Mid Devon Grecian]

Yeah, like the last time!

I think they paid us back on time. We probably made a few quid out of that.

 

[BigBanker]

There’s a growing feeling that the salad days for the tax avoiding big tech companies and their tax havens needs to end. Even Plastic Paddy Biden has the Irish CT regime in his sights.
Couple that with the Eurozone’s stated desire to harmonise its tax regimes then Ireland’s hopelessly exposed economy could be in trouble.

Joe Biden’s plan for higher corporate tax rate could be bad news for Ireland

US president has indicated a desire to see the US minimum rate increased from 15% to 21%, as part of a revenue-raising package to soak big companies

www.irishtimes.com

I'm not philosophically opposed to low corporate taxes, but the key is having an economic structure that distributes the benefits of increased corporate activity to the population, rather than just line the pocket of shareholders.

Question for Tavy & Al; if the government slashed corporate taxes and loads more jobs were created, how do you think they'd be filled?

 

[Alistair20000]

I'm not philosophically opposed to low corporate taxes, but the key is having an economic structure that distributes the benefits of increased corporate activity to the population, rather than just line the pocket of shareholders.

Question for Tavy & Al; if the government slashed corporate taxes and loads more jobs were created, how do you think they'd be filled?

Get the idle back to work.

 

[angelic upstart]

Get the idle back to work.

Agreed, but how?

 

[Alistair20000]

Agreed, but how?

Stop their benefits

 

[DB9]

Get the idle back to work.

I thought we were told unemployment is at an historical low atm?

 

[angelic upstart]

Stop their benefits

Already happens, they just go out on the rob.

The countries with the best benefits systems, education and standards of living often have lower rates of economically inactive people.

 

[angelic upstart]

I thought we were told unemployment is at an historical low atm?

Economic inactivity and unemployment are very, very different.

 

[DB9]

Economic inactivity and unemployment are very, very different.

Does economic inactive mean people who are off sick, Taking their pension at an early age (55+) as an example?