Which to believe? Unquestioned @FineGael spin on @RTE or World Inequality Database compiled by the planet's top economists 🤔

Gross income inequality in Ireland is EU's highest

Also the top 1% & 10% earned in
1986 5.2% | 26.1%
2015 11.5% | 37.2%
🤷
https://wid.world/country/ireland/ https://twitter.com/Paschald/status/1334407904447897600
But sure in a wishy washy hand wavey anti-intellectual way 3 cheers for the Irish green jersey's who have overseen possibly the worst run tax haven in the West. We created never seen before profits for foreign companies, but created almost no broad based domestic wealth. Jokers
If you're going to be planet's biggest "profit shifter", at the very least you need to ensure you get your fair cut

But Ireland never did

Why?
Because Ireland's low tax model, which really kicked off 30 years ago, was never strategic. Instead it was merely a byproduct of lobbying by mostly American corporates who strong armed Ireland into doing what was in their interests.
There are no grandiose Irish government strategy documents outlining our ambitious plan to transform Ireland by cutting side deals which gifted companies actual tax rates of less than 1% on profits

We merely rewrote our own history to try and justify it all to ourselves
The real winners are not the people of Ireland, but instead a tiny cabal of professional services firms and a few hangers on. This is reflected most starkly in the fact that we've never been able to create broad based wealth through market income
You can follow @paddycosgrave.
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