7 ms·
Even in the hypothetical that datacenters would double Ireland’s GDP what real positive impact would it have if they pay zero taxes?
by henry2023 2mo ago
Even in the hypothetical that datacenters would double Ireland’s GDP what real positive impact would it have if they pay zero taxes?
- phs318u 2mo agoDid you mean hypothesis?
- henry2023 2mo agoI meant hypothetical, thanks for pointing it out.
- a_paddy 2mo agoThey do pay tax, 12.5%. Plus employment during construction and maintenance. There's also ancillary investment in national infrastructure such as Google's CO2 battery
- hunterpayne 2mo agoThe rest of Europe sued Ireland to get them to stop being a tax haven. Ireland basically refuses to do so. If they did, most of their economy evaporates overnight (and the US government gets a lot more tax revenue). Ireland's economy is basically 2 tax shelters in a trench coat.