Two faced politics

The bastards in government would rather ordinary people pay. They’d never dream of asking their wealthy, corrupt friends to cough up.

If introduced, watch as investors abandon the exchanges in these countries followed by the companies listings. 0.1% is a lot if you only make 1% on the share or worse, lose 1% having already paid the .1% to buy it.

How can noonan swear an oath with bilderburg while he swears an oath to the Irish people ?

I totally agree John Duggan but it’s 0.01% not 0.1%.
I agree with Britain. It will only work if every country in the world introduced it at the same time.

You miss the point begrudgery ! The eu want to put a 0.1% tax on institutional financial transactions – I.e. the financial wheeler dealers. But No. Our man whose chewing a wasp in the photo says no – mustn’t tax those fat cats. Well take it from joe pleb instead. Ruling classes protecting their own at the expense on the plebicite.
Arrrgggghhhh !

Stupid statement Stephen.

I’ve been trying to make the same point for what seems like forever Tom.

One of the big jesops stores that closed down in England last week put a big sign in the window – You can now buy from Amazon where they pay 1% tax. And people wonder why they pay so many taxes cause the multinationals that can pay, pay little or nothing and are actually subsidised by the taxpayer and that idea that its because they are the job creators has been proven to be pure codswallop.

Sins of the Father: Tracing the Decisions That Shaped the Irish Economy Conor McCabe
The questions surrounding how the Irish economy was brought to the brink – who was to blame, and who should pay for these mistakes – have been rightly debated at length. But beyond this very legitimate exercise, there are deeper questions that need to be answered. These questions relate to why we made the decisions we did, not just in the last 10 years, but over the last 80. How did certain industries become prominent at the expense of others, banking as opposed to fisheries, international markets as opposed to indigenous industry and job creation? Are our problems structural in nature, and most importantly, what do we need to know to make sure that this crisis does not happen again? These are the questions set by this book. It looks at the development of the Irish economy over the past eight decades, and will argue that the 2008 financial crisis, up to and including the IMF bailout of 2010 and the subsequent change of government, cannot be explained simply by the moral failings of those in banking or property development alone. The problems are deeper, more intricate, and more dangerous if we remain unaware of them, but also potentially avoidable in the future if we break the cycle.

Yeah derek except the problem is that while avoiding corporation tax and rates , all these companies are still paying prsi, their employees are paying prsi , and even with a low percentage they still pay more tax by amount every year than you and your family will in your entire life , and for that they dont get a pension, healthcare, social welfare, rent allowance or anything else personal taxes garner .

Intel, hp, pfizer, analog devices, cisco, google, ebay, facebook, xerox, apple, sky, united drug, citi group, gsk – they would all dissapear out of ireland if it wasnt for the tax breaks , with high wages and high taxes theres very little keeping them here compared to other eu countries like poland

It’s got very little to do with muti nationals, it’s a tax on speculators

@Stephen,Not talking about high taxes for them but if they paid even close to the 12% they should be paying, then things would be a lot easier for everyone. Its not as if they’re broke, corporate profits are at record highs but alas they have to please the almighty market.

Where would they go? France? Germany? Belgium? Greece? Estonia? Italy? Austria? Portugal? Greece? Slovenia? etc…