3 ms·
> Why shouldn’t a country be selfish? As a broad term should should be self interested absolutely. In this regard it needs ot be recognised as selfish for litt
by Gustomaximus 5y ago
> Why shouldn’t a country be selfish?
As a broad term should should be self interested absolutely. In this regard it needs ot be recognised as selfish for little good reason and potentially very bad ones for the greater system. There clearly is a short term value in dropping tax rates for countries like Ireland, but medium/long term this means is other countries follow their rates down, so there is little long term advantage and your broking the system in chasing said advantage for a nation.
> Why should the Irish pay out of their pocket to bolster the treasury of France?
This is the core of the problem, Ireland is taking revenue from France. Im not sure if you aware of things like the 'Double Irish' (google if you dont as its core part of the problem) but profits being made in a country like France are artificially transferred to a low tax country so France doesn't get the tax they should on profits in their own country. This is in itself a ethical issue but if you like capitalism how long do you think there will be open international trade if this system continues and if corporate tax rates continue to drop? Countries will increasingly be unwilling to allow open global trade if they cant run their country to the rules they wish, this in itself should worry anyone that believe global trade is a good thing.