A sensible move. The UK, Switzerland and the US would like to see 10%. So it is hardly at the cutting edge.Originally Posted by A view from England
I know people are picking up the wrong message. It is a perfectly reasonable proposal to stop some creative trading to evade tax.
Not only does CCTB have nothing to do with the rate of CT but the notion that it will lead to the reintroduction of trade barriers within the union and destroy the single market is beyond moronic.
“Common sense is the collection of prejudices acquired by age eighteen” - Albert Einstein
And there were some fools thinking our CPT rate couldnt be interfered with if they voted for Lisboa Zwei!
Ireland made 'Stuff' but a lot of those industries were lost including Waterford Crystal to Poland a couple of years back and you want to start winding the clock back 30 years...???
Where will the start up costs come from and the facilites to make the 'stuff'..we can't even keep a roof on some of our our schools ...
What are you suggesting drive down wages to compete with India and China until we have families living in two rooms again..?.because to even begin to compete that is what we would have to do plus how much do you think it would cost to re-train people..i reckon at 10 grand you would be doing well....
comparing us with a major industrial power like Germany,who are a major world industrial power not just a european one,with the Heavy industry of the Ruhr valley behind them is a bad comparision..
It is far too late to roill the clock back and start opening shipyards and factories etc.. to make products that can be made in huge economies like China and other countries in Asia...
Better to protect our FDI and our multi-nationals from the naked greed and jealousy of some of our so called 'friends' in the EU....
Agriculture and farming should be looked at again as there is always a demand for food ...people have to eat no mattter where they live.....
BTW i live in Dublin and i'm not a farmer....
1) It's not I who has wound the clock back 20 to 30 years, it's our government.
2) Ireland's economy 13 to 20 years ago is a best case scenario for the medium term. We need to work towards that state, I think we're already in the same state as the 80s or soon will be.
If we can't find money for that then we won't be able to fund alternatives either. We'd have to shut shop I guess and scuttle the country.
That's the usual rubbish touted to excuse our lack of competitiveness. We don't have to compete with China or India, as you said yourself above we're losing business to Eastern Europe. I think it's obvious in that case that it's Eastern Europe we need to compete with or the Germans at least.What are you suggesting drive down wages to compete with India and China until we have families living in two rooms again..?.
Germany makes other things. Electrical and electronic components, cars, glassware, and lots of other 'stuff'. The Asia argument is rubbish. If Poland and other Eastern European countries can do it, then so can we.
Wake up, we've lost most of our FDI and the rest is in jeopardy. We've been busy building ourselves into bankruptcy for the last decade while other countries were stealing our wealth generating jobs. We're left with tax avoidance operations and a few 'technology' jobs.
Ireland has too many small farms for that. Also, the labouring jobs would be lower paid than manufacturing jobs anyway.
The future saviour of the Irish Economy:
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How do you wring your head.....?
"Elite - a small superior group; esp one that has a power out of proportion to its size." (Oxford English Dictionary)
The majority cannot therefore be the elite.
The future saviour of the Irish Economy:
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