4 ms·

Can we see some evidence for that claim? According to my research, Ireland is a net contributor to the EU budget. In 2014, the last year for which complete data

Can we see some evidence for that claim? According to my research, Ireland is a net contributor to the EU budget. In 2014, the last year for which complete data is available, the country paid €168m more to the EU than it received in grants and payments.

peteretep 9y ago
Your comment is either unlucky or massively disingenuous in choosing 2014, as: "Ireland has [in 2014] become a small net contributor to the EU Budget for the first time since it joined the bloc in 1973" http://www.independent.ie/business/irish/ireland-contributes-more-money-than-it-gets-to-eu-for-first-time-34815450.html http://www.independent.ie/business/irish/ireland-contributes...
- Supernaut 9y ago
  I'm not sure what the point you're making is. The country's corporate tax rate was only reduced to 12.5% in the late '90s. Before that, it was comparable to other that of other EU nations. The reduction in the rate, along with other factors, helped the economy to grow over the next 15 years, to the point where the country became a net contributor. It would have happened well before 2014 had the Irish economy not been reeling from the effects of the 2008 crash.
- ptaipale 9y ago
  I think it is not massively disingenuous to use the newest data available. I did not find much better figures for 2015 or 2016. Another source suggests that Ireland has been net contributor since 2013 and continued so in 2015. http://www.thejournal.ie/ireland-financial-gain-from-eu-frances-fitzgerald-facts-2894694-Jul2016/ http://www.thejournal.ie/ireland-financial-gain-from-eu-fran... It is true that Ireland has been a huge net receiver from EU for a long time. Now that it becomes a net contributor, I suppose we could call that "development". And perhaps this shows that Irish tax policies do increase its economic activities.

4 ms·

Can we see some evidence for that claim? According to my research, Ireland is a net contributor to the EU budget. In 2014, the last year for which complete data

by Supernaut 9y ago

peteretep 9y ago
Your comment is either unlucky or massively disingenuous in choosing 2014, as: "Ireland has [in 2014] become a small net contributor to the EU Budget for the first time since it joined the bloc in 1973" http://www.independent.ie/business/irish/ireland-contributes-more-money-than-it-gets-to-eu-for-first-time-34815450.html http://www.independent.ie/business/irish/ireland-contributes...
- Supernaut 9y ago
  I'm not sure what the point you're making is. The country's corporate tax rate was only reduced to 12.5% in the late '90s. Before that, it was comparable to other that of other EU nations. The reduction in the rate, along with other factors, helped the economy to grow over the next 15 years, to the point where the country became a net contributor. It would have happened well before 2014 had the Irish economy not been reeling from the effects of the 2008 crash.
- ptaipale 9y ago
  I think it is not massively disingenuous to use the newest data available. I did not find much better figures for 2015 or 2016. Another source suggests that Ireland has been net contributor since 2013 and continued so in 2015. http://www.thejournal.ie/ireland-financial-gain-from-eu-frances-fitzgerald-facts-2894694-Jul2016/ http://www.thejournal.ie/ireland-financial-gain-from-eu-fran... It is true that Ireland has been a huge net receiver from EU for a long time. Now that it becomes a net contributor, I suppose we could call that "development". And perhaps this shows that Irish tax policies do increase its economic activities.