Good job we didn’t invest it in fur coats and crowns 👑
I doubt there is that much alarm considering we were constantly warned that it wasn’t guaranteed.
Good
Keeps the “spend spend spend” goons at bay.
You can feel the slowness to spend in the economy at the moment.
It should be a concern for all politicians, parties and government departments especially the department of health and HSE. Booms don’t last forever and more funding may not always be available.
I’m really torn. A soveign wealth fund works and we should do it. But there’s so many areas needing money.
Many times on here over the years you would be jumped on for saying anything other than FDI into Ireland was driven by our ‘highly skilled workforce’ and ‘infrastructure’, no it was all a tax swizz since about 2004 when it got really expensive to do business here.
I work in the pharmaceutical sector, and the 12% corporation tax felt like it’s been the only thing stopping a downturn in the economy for a while.
There are redundancies for the 1st time ever in 25 years here. The pharmaceutical place next door is the same thing, and another 1 is donig a reduced work since September instead in redundancies.
If I’m not mistaken, corporation tax is rising to 15% in 2024. Without that, Ireland is in trouble. All the big companies will be leaving as quickly as they arrived.
8 comments
Good job we didn’t invest it in fur coats and crowns 👑
I doubt there is that much alarm considering we were constantly warned that it wasn’t guaranteed.
Good
Keeps the “spend spend spend” goons at bay.
You can feel the slowness to spend in the economy at the moment.
It should be a concern for all politicians, parties and government departments especially the department of health and HSE. Booms don’t last forever and more funding may not always be available.
I’m really torn. A soveign wealth fund works and we should do it. But there’s so many areas needing money.
Many times on here over the years you would be jumped on for saying anything other than FDI into Ireland was driven by our ‘highly skilled workforce’ and ‘infrastructure’, no it was all a tax swizz since about 2004 when it got really expensive to do business here.
I work in the pharmaceutical sector, and the 12% corporation tax felt like it’s been the only thing stopping a downturn in the economy for a while.
There are redundancies for the 1st time ever in 25 years here. The pharmaceutical place next door is the same thing, and another 1 is donig a reduced work since September instead in redundancies.
If I’m not mistaken, corporation tax is rising to 15% in 2024. Without that, Ireland is in trouble. All the big companies will be leaving as quickly as they arrived.