Eurozone Sovereign Debt Crisis part 2 - Ireland

[Jason]

Presumably because it is inside the EU?

They have their HQ in a low CT regime. CT in Ireland is 12.5%. In UK we're at 19% with a reduction to 18% and 17% scheduled. France and Germany are around 30%. It is hard to find CT below 12.5%. Bulgaria offers 10%. Ultimately the location of companies is not set by CT alone.

I think the UK could set out falls to say 14% by 2025 - and could offer these rates earlier in places which need investment, like Newry.

 

[Perados]

They have their HQ in a low CT regime. CT in Ireland is 12.5%. In UK we're at 19% with a reduction to 18% and 17% scheduled. France and Germany are around 30%. It is hard to find CT below 12.5%. Bulgaria offers 10%. Ultimately the location of companies is not set by CT alone.

I think the UK could set out falls to say 14% by 2025 - and could offer these rates earlier in places which need investment, like Newry.

No... they want, they need to be inside the EU and inside the EU they searched for a low CT country.
Just because we make CT all equal in the EU they won't move to the UK. They still want to be in the EU. Low CT alone can't compete with being inside the EU.

Like you said, the location of companies is not set by CT alone.

 

[dandelion]

I think the UK could set out falls to say 14% by 2025 - and could offer these rates earlier in places which need investment, like Newry.

That might shift companies from London to Newry, but it isnt going to shift them from Dublin to newry, unless newry is also inside the EU.

Which, of course, might be the result if Brexit does go forward. It seems leavers are quite happy for the Uk to break up just so long as they can have Brexit. But in that case, Newry would be part of southern ireland, and not much point to move.

I also think Trump is a sign of the times, and he declared war on free trade. This will entrench the need for companies to be based inside the EU.

 

[Perados]

It seems leavers are quite happy for the Uk to break up just so long as they can have Brexit.

I guess some even said they would pay any price, as long as Brexit happens

 

[Jason]

I guess some even said they would pay any price, as long as Brexit happens

The willingness of the EU to propose the separation of GB and NI - a breakup of the UK - and the willingness of the EU to ferment sectarian problems in NI are aggressive acts against the UK. It is as if the UK is dealing with an enemy. In view of this the goal for hardcore Brexiteers has become the break-up of the EU. It's looking closer than it has for years.

"Any price" for Brexit means the end of the EU.

 

[southeastone]

You can have them... we will take all of your finance industry

yes I sm sure that is the plan and let Iteland go to the wall like Greece, EU silidarity indeed.

wonder

 

[southeastone]

yes I sm sure that is the plan and let Iteland go to the wall like Greece, EU silidarity indeed.

wonder

solidarity even!

 

[185248]

The key distinction is between what the Queen personally owns and what is held by the UK nation state (which is described as being owned by the Queen). The Queen owns assets worth about £390m. That's more than I have in my bank, but it isn't all that much. There's an article here. UK agricultural land is around £10,000 per acre. If the Queen had it all in land that's 3,900 acres. That's a plot of land about 6 miles by 2 miles. How big are Australian cattle ranches? (The Queen does own the Balmoral estate, which is bigger than this, but almost all the estate is bog, moor and mountain.)

Just about anyone marrying a UK national gets UK citizenship. Meghan hasn't had special treatment.

Harry has been given the title Duke of Sussex. This doesn't mean he owns Sussex.

Yes I think the Queen did give a cash gift as well. So what? Grannies do give gifts to their grandsons.

I have to commend you Jase, you are probably the only one here which responds in political threads with even mind and temperament. It's a gift

Thank you for answering my posts. Being self employed, being in the minority of countries which still have allegiance to the Queen on this side of the world, and due to timelines sitting up late, being self employed..etc, etc does not allow for much patience or time.

Anyway, all that aside. I do find, we here pay far to much for the Royals of the UK to hold the power they do over our nation. It's not right that something which is an inheritance of birthright, past bloodshed and bullying still finds a place in modern day politics.

If the they played a part in creating employment other than administration of estates etc..., I would somewhat support their existence.

390 million pound roughly equates to 800 million dollars here. But, they are not the total assets.

I would like to know after a millennia of rule, just what is stored in offshore, hidden in the roundabouts and turnstiles of Tax Havens.

Then we may have a true figure.

 

[dandelion]

"Any price" for Brexit means the end of the EU.

No, when polled brexiters say 'any price' means the breakup of the Uk. Brexit means Britain-exit, the end of Great Britain. It will be England again, and even then there will be civil war between London and the shire counties.

You dont seem to understand that the idea behind Brexit was to destroy the united Kingom of great britain in every possible way.

 

[Perados]

The willingness of the EU to propose the separation of GB and NI - a breakup of the UK - and the willingness of the EU to ferment sectarian problems in NI are aggressive acts against the UK. It is as if the UK is dealing with an enemy. In view of this the goal for hardcore Brexiteers has become the break-up of the EU. It's looking closer than it has for years.

It's Britain voting for Brexit, ignoring all the problems in N.Ireland.
All the EU does is protecting it's own interests, unity and it's trade concept.
Britain isn't willing to accept any compromise, but thinks it could have anything. Free trade, no free movement and own his colony in Northern Ireland...
But it doesn't work like this. You will have to desire what is more important to you.

Currently the answer seems to be "migration control is more important as to keep our final colony".

Don't blame the EU for desitions you have made.

"Any price" for Brexit means the end of the EU.

Might be your goal, but this doesn't fit the reality

 

[Drifterwood]

The willingness of the EU to propose the separation of GB and NI - a breakup of the UK - and the willingness of the EU to ferment sectarian problems in NI are aggressive acts against the UK. It is as if the UK is dealing with an enemy. In view of this the goal for hardcore Brexiteers has become the break-up of the EU. It's looking closer than it has for years.

"Any price" for Brexit means the end of the EU.

How do you square this with 75% of leavers saying that they would happily break up all of the UK to leave Europe?

Is there some plot between Leave and the EU Parliament to break up the UK?

 

[southeastone]

No... they want, they need to be inside the EU and inside the EU they searched for a low CT country.
Just because we make CT all equal in the EU they won't move to the UK. They still want to be in the EU. Low CT alone can't compete with being inside the EU.

Like you said, the location of companies is not set by CT alone.

I think you missed the point, when the new standard CT across the EU is imposed the likes of google and amazon will move because Ireland is very expensive and has high staff costs, they will maybe move to Eastern Europe but where does that leave Ireland, will the EU put them in the same basket as Greece or will they weave them a new one?

When you add the loss of revenue from this to the EU tariffs which are threatened on some 90% of Irelands exports which go to the UK and the fact that Ireland will go from net receiver to net contributor in the post Brexit EU budget the ROI will go bust. Are the German public ready to bail them out (again)?

 

[Jason]

How do you square this with 75% of leavers saying that they would happily break up all of the UK to leave Europe?

Is there some plot between Leave and the EU Parliament to break up the UK?

This is not my view.

The problem is that devolution requires responsible behaviour from those exercising the devolved power. In NI we see a collapsed assembly, with Sinn Fein putting preconditions on re-establishment such that it is hard to see how it can ever start. In Scotland we have SNP striving for independence against the will of the people of Scotland.

 

[185248]

Oh common jase....how can you battle against 007 of Her Majesty's Secret Service....Very Connery cordictory hey

 

[Drifterwood]

This is not my view.

The problem is that devolution requires responsible behaviour from those exercising the devolved power. In NI we see a collapsed assembly, with Sinn Fein putting preconditions on re-establishment such that it is hard to see how it can ever start. In Scotland we have SNP striving for independence against the will of the people of Scotland.

This can all change very quickly.

 

[Drifterwood]

This is not my view.

The problem is that devolution requires responsible behaviour from those exercising the devolved power. In NI we see a collapsed assembly, with Sinn Fein putting preconditions on re-establishment such that it is hard to see how it can ever start. In Scotland we have SNP striving for independence against the will of the people of Scotland.

There is a very complex venn diagram here of all the different issues and the opposing views around them. The portion in the centre is a very part of the whole. Some of the people some of the time, most of the people none of the time. This is why Brexit and surrounding issues are a can of worms in a soup of shit. It wont end well for you guys, whatever your aspirations.

 

[Jason]

Jacob Rees-Mogg

 

[eurotop40]

View attachment 1150387

Jacob Rees-Mogg

Posh arsehole.

 

[southeastone]

Posh arsehole.

Constructive as ever

 

[Perados]

I think you missed the point, when the new standard CT across the EU is imposed the likes of google and amazon will move because Ireland is very expensive and has high staff costs, they will maybe move to Eastern Europe but where does that leave Ireland, will the EU put them in the same basket as Greece or will they weave them a new one?

Why should they leave Ireland in favour of Eastern Europe?

Ever thought of qualification of employees and living standard? Both is higher in Ireland and important for Google/Amazon to find the right employees.

In the same basket as Greece? You mean the one where Greece had massive over spending, then EU members bailed Greece out, organized a debt cut, took over 100% of the risks and finally offered them a 270 bln low interest loan?

Btw. what has Britain done to improve Greece's situation?

When you add the loss of revenue from this to the EU tariffs which are threatened on some 90% of Irelands exports which go to the UK and the fact that Ireland will go from net receiver to net contributor in the post Brexit EU budget the ROI will go bust. Are the German public ready to bail them out (again)?

first of all...
What loss? Just because you want to see a loss for Ireland, doesn't mean it will happen.
Even if they move... WHAT LOSS? They barley pay any tax and the few hundred job aren't noticeable.

Secondly...
Britain voted Brexit without thinking of the consequenzes. If you start to worry about Ireland, pay them a few billions every year...
They definitely deserve it, after sll you did to them in the past