One of the most controversial aspects of Ireland’s tax policy is its extremely light taxation of corporations. Corporate tax is only 12.5% and many corporations pay even less than that. Some would even go as far as to call Ireland a tax haven. Others defend it by claiming low taxes attract foreign investment which creates employment and provides tax revenue. Is it dishonest to aid corporations in their avoidance of paying their fair share or are low taxes necessary to keep the economy internationally competitive? Continue reading “Treasure Ireland”
Sometimes just talking about politics and economics can be a bit dry so here’s some good cartoons to lighten it up a bit while still making a good point.
More or less sums up how stock markets work.