Bono defends Ireland's tax regime

[barryqwalsh]

The 54-year-old says that Ireland’s economy is dependent on attracting multinational companies – including Apple, Facebook, Google and Amazon – with tax avoidance strategies, including a loophole dubbed the “Double Irish”, the use of two Irish companies to lower the effective tax rate.


Bono controversial tax laws have brought Ireland the only prosperity it has ever known World news The Observer

 

[DriftingSand]

Wow ... Bono is usually a Bonehead but I see he's starting to see the benefits of Capitalism and jobs. Most Libs in his position believe that money should just grow on trees and that jobs shouldn't be necessary. Good goin' Bono!!

 

[Toro]

Bono is worth hundreds of millions of dollars. He sees the prosperity it brought Ireland. No surprise he supports the tax regime.

 

[EdwardBaiamonte]

Bono is worth hundreds of millions of dollars. He sees the prosperity it brought Ireland. No surprise he supports the tax regime.

companies under capitalism have to compete for our dollars by providing the best and least expensive products in the entire world. This is what causes economic growth.

Govts should have to compete exactly the same way for exactly the same reasons.