Tuesday, May 25, 2021

Ireland Opposes Biden Administration's Global Corporate Tax Plan

The Irish are no fools! Bravo! And the cognitively impaired 46th President of the United States ist totally economic illiterate and a global socialist!

This is how high tax countries want to shake down low tax countries! Tax competition across borders is vital so businesses and people can vote with their proverbial feet! 

That this U.S. administration even had the temerity even to propose such a plan is incredible, a huge embarrassment! Janet Yellen proves again to be a lousy economist (see e.g. here, here)!

The famous low taxes Celtic Tiger is not going to be pushed over by sleepy Joe! The U.S. should take a cue from Ireland!

Ireland Opposes Biden Administration's Global Corporate Tax Plan Appearing Tuesday on Sky News, Ireland’s Finance Minister Paschal Donohoe came out against a Biden administration proposal to introduce a minimum global corporate tax rate of 15 percent.

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