this post was submitted on 06 Apr 2024
83 points (94.6% liked)

Europe

8502 readers
8 users here now

News/Interesting Stories/Beautiful Pictures from Europe ๐Ÿ‡ช๐Ÿ‡บ

(Current banner: Thunder mountain, Germany, ๐Ÿ‡ฉ๐Ÿ‡ช ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

  1. Be nice to each other (e.g. No direct insults against each other);
  2. No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
  3. No posts linking to mis-information funded by foreign states or billionaires.

Also check out !yurop@lemm.ee

founded 1 year ago
MODERATORS
 

In their conclusions, the authors recommend Northern Ireland โ€“ which remains relatively poor and heavily reliant on public sector spending and employment โ€“ embark on major reforms to improve its residents' standard of living.

"Even though Ireland has a much higher national income, funding the needs of the people of Northern Ireland in a united Ireland would put huge financial pressure on the people of Ireland, resulting in an immediate major reduction in their living standards," the report says.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] adaveinthelife@lemmy.ca 7 points 3 months ago (3 children)

They would just move to the next tax haven, taking their jobs with them. Even if they raised taxes below the next haven, many would move out of spite.

[โ€“] hydrospanner@lemmy.world 21 points 3 months ago

You know, any time I hear an argument like this as a reason against making corporations pay their fair share, my response is always, "So what? Fuck em."

Like...let them go. Something else will take their place. Regardless, you're getting nothing out of them in the way of a responsible presence in the economic community, so even if they just leave and that's it, it's one less evening leech taking advantage of the situation.

[โ€“] zakobjoa@lemmy.world 17 points 3 months ago (1 children)

There aren't that many jobs attached to those headquarters, they're mostly there on paper. It's mostly about the taxes, which, although comparatively low, amount to a lot of revenue for the State.

[โ€“] erwan@lemmy.ml 3 points 2 months ago

That might be true for Luxembourg but not for Ireland.

All US big techs have pretty big hubs in Dublin, with engineers.

[โ€“] kralk@lemm.ee 16 points 3 months ago

This is kinda true at the margins but people massively overstate the mobility of big businesses.