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One of the things I keep hearing is about during this election season (from the party of the elephant) is the favoritable buisness climate of Ireland. Polititians talk about their low tax and increadble growth.
But what else do we know about the country?
I know very little, other then a great place to visit.
- 20% of the total workforce are in the public sector (i.e. Government)
- All persons resident in Ireland are entitled to receive health care through the public health care system (health care for all)
- Ireland tends towards independence in foreign policy, thus longstanding policy of military neutrality. (no massive military, nation building etc)
What can you add?
(Northern Ireland is not Ireland, so don't talk IRA etc)
I know they are closing down plants in Ireland and shipping jobs to low cost Eastern European and former Soviet Bloc countries. I know, I have in-law family there. You can read just a few articles here:
I know they are closing down plants in Ireland and shipping jobs to low cost Eastern European and former Soviet Bloc countries. I know, I have in-law family there. You can read just a few articles here:
One of the things I keep hearing is about during this election season (from the party of the elephant) is the favoritable buisness climate of Ireland. Polititians talk about their low tax and increadble growth.
But what else do we know about the country?
I know very little, other then a great place to visit.
- 20% of the total workforce are in the public sector (i.e. Government)
- All persons resident in Ireland are entitled to receive health care through the public health care system (health care for all)
- Ireland tends towards independence in foreign policy, thus longstanding policy of military neutrality. (no massive military, nation building etc)
What can you add?
(Northern Ireland is not Ireland, so don't talk IRA etc)
Low tax??? Its the same as the UK.. and their economy is also in the toilet! They do get national health care, but it is probably not the model that the US would want to follow.
Ireland and the UK are in the same postition we are right now because of the banking crisis. That aside, they do attract a lot of business particularly technology (computer chips).
At least you get something for your tax dollar - a college education is paid for by the government. I have family members that are considering the move.
I wouldn't suggest Ireland for business anymore. A few years ago you could have slid in and made a lot of money. The economy is in the whole at the moment and a lot of plants are closing down and moving overseas, and a lot of people are losing their jobs.
The newly purposed budget for Ireland has drawn a lot of criticism and causing even politicians to leave their party for the decisions they've been making. We're in a recession.
Maybe in a few more years we'll come up again. Ireland was growing consistently for 10 years, it couldn't last forever-- everyone got ahead of themselves and lived/built beyond their means.
IMaybe in a few more years we'll come up again. Ireland was growing consistently for 10 years, it couldn't last forever-- everyone got ahead of themselves and lived/built beyond their means.
You mean the way we did in here in the U.S.?
However, Ireland flourished because of the lower corporate taxes.
However, Ireland flourished because of the lower corporate taxes.
I think Ireland flourished because it was an open gateway to the expanding EU. Since Ireland sought foreign investment aggressively and provided a lower tax for start ups, government paid healthcare, a highly educated workforce, and to a point government subsidized workers, companies moved there waiting for the inclusion of Eastern European countries into the EU. As those countries gained EU status, the business fulfilled their obligations to Ireland and then relocated to the East. Since the EU is potentially a more potent market than the US, it makes sense to get your companies placed their to avoid tariffs. Now how that relates at all to keeping companies in the US, is beyond me.
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