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Biden's tax plans risk bursting Ireland's bubble

Bidens tax plans risk bursting Irelands bubble After years of luring the worlds biggest firms with the promise of low tax, the Irish economy will soon be heading for uncharted territory If thereโ€™s one number that matters above any other to the Irish economy, itโ€™s 12.5pc. โ€œThe 12.5pc tax rate never has been and never will be up for discussion. The 12.5pc tax rate is settled policy. It will not change.โ€ So said Michael Noonon, then the Irish finance minister, in his 2014 budget speech to ...
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