Before Bankruptcy, Conservatives Touted Ireland As Model For U.S. Dan Mitchell (then of the Heritage Foundation, now at The Cato Institute), July 2002: Ireland already has shown that tax cuts are a recipe for prosperity. Thanks to Reagan-style tax-rate reductions, including a corporate income tax rate of just 10 percent, Ireland has become the “Celtic Tiger” and is now the European Union’s second... [more]
Before Bankruptcy, Conservatives Touted Ireland As Model For U.S.
Dan Mitchell (then of the Heritage Foundation, now at The Cato Institute), July 2002:
Ireland already has shown that tax cuts are a recipe for prosperity. Thanks to Reagan-style tax-rate reductions, including a corporate income tax rate of just 10 percent, Ireland has become the “Celtic Tiger” and is now the European Union’s second richest country.
– Sean Dorgan, The Heritage Foundation, June 2006:
While economic success over the past 15 years can be ascribed to a range of domestic and international factors, it was not a fluke. Ireland has long had, and intends to sustain, low tax rates to attract investment. Its current 12.5 percent corporate tax rate evolved from the zero rate on export sales in the 1950s and the 10 percent rate on manufacturing and some internationally traded services introduced in 1980.
– Chris Edwards, The Cato Institute, March 2007:
However, the key to Ireland’s success has been its excellent tax climate for business. In 1980, Ireland established a corporate tax rate for manufacturing of just ten percent. That low rate was subsequently extended to high-technology, financial services, and other industries. More recently, Ireland established a flat 12.5 percent tax rate on all corporations — one of the lowest rates in the world, and just one-third of the U.S. rate. Low business tax rates have helped Ireland attract huge inflows of foreign investment.
– Jurgen Reinhoudt, American Enterprise Institute, October 2007:
The real credit belongs to Irish fiscal policy. Beginning in the late 1980s, successive Irish governments pursued vital spending cuts and tax relief…At present, Ireland has a 12.5 percent corporate tax rate, which has made it a magnet for powerhouse firms.
– Former Gov. Mitt Romney (R-MA), FOX News, January 2008:
MITT ROMNEY: Well, you know, the — the experience of other countries in the world is some guide. You take a nation like Ireland, for instance. They cut their tax rate. I believe it’s less than half of the tax rate in most of the other European nations. And they have become — well, they have moved from a basket-case economy to a booming economy. Jobs have been flowing into Ireland.
– Sen. John McCain (R-AZ) and Sean Hannity, FOX News, October 2008:
MCCAIN: No. But you know what, Sean? You’re going to go on my first overseas trip. And I think it might be to Ireland.
HANNITY: Listen, you were right about their tax rates. They did lower tax rates on businesses and it’s been a big economic boom for them.
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Response by The_President
over 15 years ago
Posts: 2412
Member since: Jun 2009
Though far from being the sole cause of Ireland’s economic calamity, its very low-tax environment turned it into a favorite tax haven and led to an influx of “business” that wasn’t really business at all: it was just companies like Google shuffling paper through Ireland to dodge taxes.
You are usually crazy Prez, but TOP has been coming out of my mouth a LOT lately. its PRECISELY true that EVERY SINGLE conservative think tank and talking head praised Ireland not only as a model for the EU or Europe, but as a place the US should emulate. Add to that the fact that the housing bubble rose and popped entirely under GOP control and on Greenspan's watch, and it's pretty damming.
Meanwhile, who is bailing out Ireland? Socialist Germany, Socialist France, and Socialist Finland.
Just wake up little president and realize the misery you're advocating. Hundreds of millions murdered all in the name of your beloved collectivist society.
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Response by The_President
over 15 years ago
Posts: 2412
Member since: Jun 2009
ok, I am the thread marshall and I am here to stop the thread hijack currently in progress. (George Soros pays me to post here).
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Response by jason10006
over 15 years ago
Posts: 5257
Member since: Jan 2009
Julia you are a fool. By your standards every country on Earth is "socialist", including Germany for the last 60 years. Yet no democratic US ally has been gassing Jews. Last time I checked, there was free speech in socialist Sweden, freedom of the press in socialist Canada, and free enterprise in the socialist UK.
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Response by The_President
over 15 years ago
Posts: 2412
Member since: Jun 2009
Can someone please give me an example of a SUCCESSFUL country with limited government AND low taxes? I've been waiting months for an answer.
And no, Switzerland does not have a limited govt. Nice try LICC.
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Response by Wbottom
over 15 years ago
Posts: 2142
Member since: May 2010
appreciate the thread pres
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Response by julialg
over 15 years ago
Posts: 1297
Member since: Jan 2010
"Can someone please give me an example of a SUCCESSFUL country with limited government AND low taxes? I've been waiting months for an answer." The United States of America before socialism became a fad. 1866-1913
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Response by alanhart
over 15 years ago
Posts: 12397
Member since: Feb 2007
You mean when the government distributed huge tracts of land to poor people for free? And provided socialized free education collectively? And used eminent domain to create public-good institutions: roads, railroads, hospitals, schools, prisons, etc., nearly all government-run?
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Response by The_President
over 15 years ago
Posts: 2412
Member since: Jun 2009
So your admitting Julia that there is presently no successful country with low taxes and small government? NONE, out of over 200 + countries?
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Response by julialg
over 15 years ago
Posts: 1297
Member since: Jan 2010
Look jason, I'm not arguing that Canada or the Scandinavian countries will led to oppressive governments. But true socialism like USSR , the Nazis and today Cuba, Venezuela, iran and others need oppression and totalitarianism to function. Anyone that loves their liberty must hate socialism. What the little man president is arguing for is a big oppressive controlling government. No thanks, I will never submit to being controlled. So you kill me or put me in a concentration camp.
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Response by aboutready
over 15 years ago
Posts: 16354
Member since: Oct 2007
julia, according to you our gov't is already big and oppressive. so which is it, are you dead or in a concentration camp?
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Response by julialg
over 15 years ago
Posts: 1297
Member since: Jan 2010
"julia, according to you our gov't is already big and oppressive" I do think it's big and oppressive. The U.S. is still a mixed economy like Canada and Western Europe. However, if the left had their way we would be like Venezuela and I would probably be in jail or in exile.
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Response by jason10006
over 15 years ago
Posts: 5257
Member since: Jan 2009
"You mean when the government distributed huge tracts of land to poor people for free? And provided socialized free education collectively? And used eminent domain to create public-good institutions: roads, railroads, hospitals, schools, prisons, etc., nearly all government-run?"
And which protected businesses with large tariffs and in which blacks and women were not free, where children old enough to walk could work in coal mines 16 hours a day seven days a week? That US?
Though far from being the sole cause of Ireland’s economic calamity, its very low-tax environment turned it into a favorite tax haven and led to an influx of “business” that wasn’t really business at all: it was just companies like Google shuffling paper through Ireland to dodge taxes.
http://thinkprogress.org/
You are usually crazy Prez, but TOP has been coming out of my mouth a LOT lately. its PRECISELY true that EVERY SINGLE conservative think tank and talking head praised Ireland not only as a model for the EU or Europe, but as a place the US should emulate. Add to that the fact that the housing bubble rose and popped entirely under GOP control and on Greenspan's watch, and it's pretty damming.
Meanwhile, who is bailing out Ireland? Socialist Germany, Socialist France, and Socialist Finland.
Godwin's Law
http://en.wikipedia.org/wiki/Godwin's_law
http://www.lyricsfreak.com/b/billy+bragg/the+internationale_20018240.html
Just wake up little president and realize the misery you're advocating. Hundreds of millions murdered all in the name of your beloved collectivist society.
ok, I am the thread marshall and I am here to stop the thread hijack currently in progress. (George Soros pays me to post here).
Julia you are a fool. By your standards every country on Earth is "socialist", including Germany for the last 60 years. Yet no democratic US ally has been gassing Jews. Last time I checked, there was free speech in socialist Sweden, freedom of the press in socialist Canada, and free enterprise in the socialist UK.
Can someone please give me an example of a SUCCESSFUL country with limited government AND low taxes? I've been waiting months for an answer.
And no, Switzerland does not have a limited govt. Nice try LICC.
appreciate the thread pres
"Can someone please give me an example of a SUCCESSFUL country with limited government AND low taxes? I've been waiting months for an answer." The United States of America before socialism became a fad. 1866-1913
You mean when the government distributed huge tracts of land to poor people for free? And provided socialized free education collectively? And used eminent domain to create public-good institutions: roads, railroads, hospitals, schools, prisons, etc., nearly all government-run?
So your admitting Julia that there is presently no successful country with low taxes and small government? NONE, out of over 200 + countries?
Look jason, I'm not arguing that Canada or the Scandinavian countries will led to oppressive governments. But true socialism like USSR , the Nazis and today Cuba, Venezuela, iran and others need oppression and totalitarianism to function. Anyone that loves their liberty must hate socialism. What the little man president is arguing for is a big oppressive controlling government. No thanks, I will never submit to being controlled. So you kill me or put me in a concentration camp.
julia, according to you our gov't is already big and oppressive. so which is it, are you dead or in a concentration camp?
"julia, according to you our gov't is already big and oppressive" I do think it's big and oppressive. The U.S. is still a mixed economy like Canada and Western Europe. However, if the left had their way we would be like Venezuela and I would probably be in jail or in exile.
"You mean when the government distributed huge tracts of land to poor people for free? And provided socialized free education collectively? And used eminent domain to create public-good institutions: roads, railroads, hospitals, schools, prisons, etc., nearly all government-run?"
And which protected businesses with large tariffs and in which blacks and women were not free, where children old enough to walk could work in coal mines 16 hours a day seven days a week? That US?