A“fiscal paradise” where individuals and corporations can “park money” and avoid paying taxes

[barryqwalsh]

Ireland’s controversial tax deals with companies such as Apple and Google are part of a corrupt global system, which is fuelling inequality and political extremism, including the rise of Donald Trump in the US, according to Nobel Prize-winning economist Joseph Stiglitz.


The Columbia University professor described Ireland – along with Singapore Panama, the Cayman Islands and Luxembourg – as a “fiscal paradise” where individuals and corporations can “park money” and avoid paying taxes.


“The point is people are seeing globalisation as a venue by which rich corporations like Apple and Google can effectively escape taxation while hard-working citizens in France or Germany continue to pay high taxes,” he said.




Ireland’s tax deals help fuel global inequality: Joseph Stiglitz

 

[barryqwalsh]

He is right! Ireland is a tax haven, it doesn't matter what the Irish Government claims.

 

[BluesLegend]

Corporations and the wealthy can move to other countries to escape tax and spend liberals? Wait that's not really a question.

 

[Dont Taz Me Bro]

Maybe France and Germany should scale back their entitlement welfare states.

 

[Bootney Lee Farnsworth]

Why should we tax corporations? They don't get to vote.


America should be a tax haven.