4 ms·
“The most recent projections for the final cost of Metrolink set a maximum outlay of €12.25billion, excluding VAT, though the rail link is not expected to go li
by igravious 2y ago
“The most recent projections for the final cost of Metrolink set a maximum outlay of €12.25billion, excluding VAT, though the rail link is not expected to go live before the middle of the next decade at the earliest.”[1]
13bn would cover the cost of Dublin's first metro system, unlike most European capitals Dublin does not have a metro. This is what this ruling means for the Irish public. shame on the government putting corporate interests ahead of public finances.
[1] https://www.irishexaminer.com/news/arid-41386906.html https://www.irishexaminer.com/news/arid-41386906.html
- piltdownman 2y agoIrish Corporation tax receipts for 2023 alone were valued at €23.8 billion. The ruling was for the benefit of the Irish public to indicate our willingness as a good faith and hospitable host for American MNCs now and in the future. Given the propensity for the EU to throw us under the bus when the Teutonic books don't balance, its a lot more important for us to maintain our special cultural, economical and political relationship with the USA. In any case, that money would never end up ringfenced for a Metro that has been in planning hell since the 80s. We're well able to afford white elephants (e.g. the new Children's Hospital).
- e4325f 2y agoThis take makes no sense. The whole reason the 13bn exists is because of the tax arrangement. Apple would have gone elsewhere if not for that.