Re:The new tax havens
by rmc on Sunday August 21, 2011 @10:50AM
(#2909287)
Many other governments would be tempted to try to take a bigger piece of the pie from their corporations in order to get reelected,
That was never suggested. Only the far left socialist (i.e. let's nationalise everything) parties suggested raising the corporate tax rate.
The vast majority of the population knew that there aren't loads of jobs here. Some high profile US companies left Ireland (e.g. Dell's assembly plant). The majority of the population knew that raising the corporate tax rate would cause these companies to close and there would be some massive layoffs.
Suggestions to raise the corporate tax rate would have damaged the chances of getting reelected. Why else would the left wing Labour party (who suggested nationalising the banks (they are all nationalised now anyway)), not suggest raising the tax rate?
That was never suggested. Only the far left socialist (i.e. let's nationalise everything) parties suggested raising the corporate tax rate.
The vast majority of the population knew that there aren't loads of jobs here. Some high profile US companies left Ireland (e.g. Dell's assembly plant). The majority of the population knew that raising the corporate tax rate would cause these companies to close and there would be some massive layoffs.
Suggestions to raise the corporate tax rate would have damaged the chances of getting reelected. Why else would the left wing Labour party (who suggested nationalising the banks (they are all nationalised now anyway)), not suggest raising the tax rate?