Economics
John Walsh: It’s time Irish businesses got as much support as the FDI sector
With government spending increasing and our heavy reliance on corporate tax receipts, Ireland could be left exposed if a resurgent US Republican party were to follow through on Trump’s pledge to repatriate jobs from American firms operating abroad
This time last year, the Irish government was mired in a politically fraught battle to retain the country’s corporate tax rate. An OECD-backed proposal to establish a minimum rate of 15 per cent among developed countries was presented as an existential threat to Ireland’s foreign direct investment model.
There was a considerable amount of collateral damage, as the government was among nine holdouts against ratifying the deal, which had been agreed in principle by most ...
