Re:Apple will start paying $21B in back taxes to Ireland
by conistonwater on Wednesday April 25, 2018 @11:07AM
(#16922165)
> Great that IE is 12%, but this "competition" is BS in the sense that they needed the higher-tax countries to bail them out just a few years ago
The two are not related, things just don't work that way. The size of the Irish government's assumed liabilities and the bailout was relative to the size of capital inflows into Ireland primarily from the continent, it was quite large relative to the size of the Irish economy whether counting or foreign corporations or not. It's not a good idea to just put those two things next to each other and just sort of imply that they are related.
The two are not related, things just don't work that way. The size of the Irish government's assumed liabilities and the bailout was relative to the size of capital inflows into Ireland primarily from the continent, it was quite large relative to the size of the Irish economy whether counting or foreign corporations or not. It's not a good idea to just put those two things next to each other and just sort of imply that they are related.