Posted on 08/20/2018 10:51:45 PM PDT by Olog-hai
It’s Ireland. At least they can talk you into believing it’s a good idea.
I was NOT JOKING, when I told you all that my tax bite in Britain (while making PEANUTS at the time) was 50%. And that was the LOWEST TAX BRACKET in the mid 80s in Britain. The Beatles werent joking either when they (as the British Government) asked should 5% appear too small, be thankful we dont take it all in their song, Taxman. Americans have NO IDEA how confiscatory taxation works. All Americans hear is FREE STUFF. And they figure the Government will pay for all the free stuff, not realizing that the Government is US.
The productive Irish wil just leave. The tax specifically targets people who own their own business which must include many professionals that don’t need a lot of capital investment in offices and equipment. Professionals of this type can move very easily.
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