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How is Ireland's Corporate Tax Rate structure impacting their economy currently?


Ireland has been touted as having one of the 'friendliest' corporate tax rate structures in the industrialized world. How is that workin' out for them currently, and impacting their debt?

Are the wealthy American corporate benefactors doing business in their country 'trickling' down on them as well? That 'trickle' thingy seems to be questionable at best.
The thingy to remember about when the Dems took control of the House is that the GOP filibustered ALL their bills too death and Bush held the VETO pen.

538 day(s) ago

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brucechangcpa 		It doesn't. When it comes to Ireland's fiscal troubles, don't go blaming it on their low corporate tax rates.



Here's some interesting information about this bailout.

Posted 538 days ago

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CPAinLA 		They're problems all stem from the fact that the government is guaranteeing the loses of the banks to due the housing bubble collapse, not because their tax rates are too low.

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MariaT 		http://answers.yahoo.com/question/index;_ylt=Ar25IVfsnmxuQSwup7x2qJjty6IX;_ylv=3?qid=20101129025500AA575Iw

NARCISSIST FREAK CRAZY PSYCHO? OMG IS THIS ME?

KILL! KILL! ******* DIE AND KILL

Posted 538 days ago

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CPAinLA 		LMAO!!!!! The corporate tax rate is woking great however their huge defict spending is what is causing the problem!

The trickle thingy is questionable at best?!!!!!!!! Then please explain how we had 4% unemployment for much of the Bush admin! It didn't start going up until Democrats took control of both houses in 2006!

Edit.....LOL! The Democrats had filibuster proof majorites and could/did pass whatever they wanted with out one Republican vote!

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vinwubulldogs 		When Ireland joined the Euro, they were allowed to keep their 12.5% corporate tax rate to attract business to their country - including many US corporations. Now that they have been forced to accept a bailout, Merkel and company have decided that they will decide what the corporate tax rate will be and eventually will also tell Ireland what the interest rate of the bailout will be. Two things spring to mind: never accept a loan if you don't know the terms and, the EEC is about to drive US business out of Ireland if they jack up the tax rate. In essence, the EEC is helping to drive Ireland under.

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mikebadj 		Being so friendly to corporations left Ireland defenseless against crashing markets. Ireland has learn a harsh less taxes pay their bills not corporate friendliness. Now they are borrowing from countries whose citizens have paid their taxes.

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