
Almost 9,000 people lost their jobs in Ireland last month as uncertainty over tariffs grows
https://m.independent.ie/business/almost-9000-people-lost-their-jobs-in-ireland-last-month-as-uncertainty-over-tariffs-grows/a1893120287.html
by Crossstoney
10 comments
This is what happens when your country’s economy is based on american companies using your land to dont pay taxes and still be able to operate world wide.
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Probably more job losses to come, the tariffs and company taxs are now higher than the USA company tax and that’s before Trump starts to load up the tariffs. 8 America companies providing 60% of tax isn’t a great recipe
It’s terrible to think that this is all because of tariffs. Brasil is also getting hammered hard with 50% tariffs, nothing but a destabilized world these tariffs bring.
Typical r/Europe with another microscopic raging hard-on against Ireland. I can just imagine the grins on your little faces looking at that headline.
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The sooner Europe kicks America to the curb in trade the better.
And this is coming from an American
I’m one of those Irish who lost their job last month. I, like quite a few Irish, I was working directly for US companies for well over a decade now. I can’t complain, the wages were good while it lasted, well above European typical. But tax code changes in the US has moved the fundamentals – all the Irish people that I know personally who were working directly for US companies have also lost their jobs around the same time as me. It’s the end of an era.
Basically from now on US firms are penalised if they hire anybody outside the US. The goal posts have moved. Europeans (and everybody else) can’t compete against US resident workers going forwards because the employer is punished by taxes.
Some people get very upset about this, but in the end there was a whole bunch of us who didn’t want to relocate to the US but were happy to take US wages if they were available. Now we’ll take European wages. Earlier today I was looking at a fully remote but EU applicant only role for military guidance systems. The pay would be one fifth of what the US paid, but it’ll be steady long term reliable work. I didn’t apply for ethical reasons, but if I stay unemployed for long enough … I don’t know. I have a family to feed. I hate helping make weapons … but if it’s a choice between paying the bills and an unpalatable line of work … well, I’m not there yet. I’ll run down the savings a bit more first and hope things improve.
I’ll be honest, I don’t think things will improve. I think some money is better than no money. But I need to process going from where I was to where I think I must go next.
Diabolical this Trump. A sad time for Ireland as I assume this is just the start, stay strong lads.
Deal hasn’t been signed. Still time for the EU to tell mango pedo to feck off
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