Saturday August 15, 2020

O’Leary: 'Irish politics depresses me'

Ireland should slash personal tax rates to lure Russian oligarchs

17th April, 2016
Michael O'Leary: "“If you look at the facts, air travel accounts for 2 per cent of Europe’s CO2 emissions."

Tax avoidance by high-net worth individuals will continue unabated despite scandals like the Panama papers, Ryanair chief executive Michael O’Leary has said.

“That will always be with us,” he said. “Wealthy people can move. The wealthy people have the luxury of making those choices, and will.”

He said that Ireland should slash its personal tax rates in an attempt to lure high net worth individuals from London.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

In Kildare, many are grateful that the lockdown isn’t a return to square one, but there is anger that actions weren’t taken to prevent it in the first place

Barry J Whyte | 6 days ago

Conservation group calls for effective regulation as multinationals increase use of on-site gas plants to generate electricity

Killian Woods | 2 weeks ago

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 1 month ago