Taoiseach Enda Kenny at Government buildings yesterday

Ger writes:

Enda Kenny goes to Brussels today to meet European leaders . He is “not expected to use the meetings to plead for Irish debt renegotiation” despite this being the perfect time and opportunity.

But he is “expected to strongly defend Ireland’s corporate tax regime at a meeting with Mr [Jean Claude] Juncker”.  Good times.

Kenny not expected to follow Greece in debt relief demands (Suzanne Lynch, Irish Times)

Earlier: Making A Drachma Out Of A Crisis

(Sam Boal/Photocall Ireland)

37 thoughts on “Priorities

      1. Zuppy International

        As they were elected FG/LAB immediately reneged on every promise they made to the voters and now they rule without mandate, care or concession to the people who pay for their elite lifestyle.

          1. Zuppy International

            If by ‘politics’ you mean the unlawful theft of the people’s resources and the corruption of the common good for corporate gain then your offer is unacceptable.

  1. Mayor Quimby

    It’s almost like there are strategic issues at play here!

    Fintan O’Toole must be crying into his cornflakes now that Syrzia’s tough talk has blown up in their face.

    1. Anomanomanom

      I don’t know where you get your information, blown up on their faces! If anything it’s put the fear of God into everybody. France are slowly coming on board with Greece, France are going to loss Billions if Greece don’t pay up. And France are in a very dangerous position of not being able to pay over 40billion their liable for. So all of a sudden their not screaming as loud for penalties against Greece.

  2. Nikkeboentje

    I firmly believe that over the medium to long term, keeping the current corporate tax rate is much more important to the Irish economy than trying to renegotiate the debt.

      1. Colin

        You do realise the only thing keeping large multinationals here is the low tax rate? People need to realise we arn’t producing ‘high class’ graduates who speak English etc, or whatever nonsense is peddled these days. Its simply down to how much a company can make on their bottom line and keep the grants and freebies rolling in.

        Look at all the major ‘high tech’ roles that are currently on offer. Most, if not all, can be filled with someone with an ECDL and some notion of using a computer. They are largely support roles with little technical requirement. There is certainly little in the way of R&D in Ireland. You certainly don’t need to be a fully fledged Computer Scientist or an Engineer. However, on the books, you can say you are a high tech company with X number of graduates who hold X Masters etc etc. But the actually job you are providing may not be suitable for the qualification you hire for. A vast majority of people here are, at least on paper, over qualified for the role they fill.

        If that tax rate goes, I give it 6 to 12 months for them to start a roll out of Ireland. It doesn’t take that long to wind down most projects these days thanks to mirroring and remote team work. You just transfer the project to another cost center in another (cheaper) region.

        1. HappyDub

          R̲O̲L̲E̲ C̲O̲M̲P̲A̲N̲Y̲ L̲O̲C̲A̲T̲I̲O̲N̲

          Sales/Support Google Dublin
          Sales/Support Google Dublin
          Sales/Support Google Dublin
          Sales/Support Google Dublin
          Developer Google D̶u̶b̶l̶i̶n̶ Palo Alto

        2. 15 cents

          let them go! the country makes nothing off the likes of Google being here. they bring their own staff, so we arent gettin jobs out of it, and they pay eff all tax, so we dont get anything there either. so who cares?, let them leave.

          1. Colin

            Emm, what? Every employee employed by them pays tax. Every employee paid by them, leaves at 5pm and spends some (all) of their pay in Ireland. Which in turn, a percentage of is taxed at the till. All of which going back into the State.

            Google has about 2500 people in Ireland. If they were all on €30k per year, that’s €75,000,000 (Yes, seventy five million) net into the State. Skim off 20% PAYE tax and that’s €15,000,000 directly into State coffers. And many people would be on far, far more than this. And that’s before those 2500 people spend their hard earned money in our shops, businesses and drive this economy.

            Now, multiple that out by the other various high-tech companies here and the thousands they employ. Its massive money to the economy and the State.

            So by relinquishing a simple tax rate, you are putting thousands of people out of the job, taking untold amounts out of the Irish economy and pretty much bankrupting us as we have no exports or other industries. We have no heavy industry, no manufacturing that even comes close to the money these guys generate. If they want to avoid some tax on the high end, I’m pretty ok with that as they are the reason the lights stay on in a lot of households and the reason a good portion of this economy is being run and growing.

            I’m not joking when I say how quickly they can move a project and wind down. I’d say if pushed they could do it in the 30 days notice they are legally obliged to give. No problem. And then ladies and gents, I hope you remembered your paddle.

          2. smoothlikemurphys

            “they bring their own staff, so we arent gettin jobs out of it, and they pay eff all tax, so we dont get anything there either. ”

            I’m Irish, and I’ve worked for Google in Dublin for years. Pretty sure I’ve forked out a significant wedge of cash to the taxman during that time too.

    1. TheDude

      What about the double Irish which he immediately capitulated on? Might have an impact post 2020 maybe? Have no fear, the schoolteacher will be looked after by his EU pals for towing their line with a nice cushy job

      1. Nikkeboentje

        The double Irish will be replaced by something else. It has always been the same; as soon as one tax loop closes another opens.

  3. Mario Balotelli

    Why is the corporate tax rate even an issue, why does it have to be defended? Weren’t we promised at Lisbon2 (or one of those treaties where we voted ‘wrong’) that it couldn’t and wouldn’t be touched? Fupping Europe man.. absolute piss-take of democracy it is.

  4. ahjayzis

    I’d like to see an industrial strategy to gradually wean ourselves off of our whorish dependence on foreign direct investment. Let’s start some Irish companies and quit being corporate colonies.

    But it’ll never happen, because it’s easier for politicians to entice fully developed foreign companies in than to support and develop new Irish-made multinationals.

    1. Colin

      I think the simple answer is there are no Irish made setups even close to the scale of the Silicon Valley boys. Its a whole other league.

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