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.

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