The Luck of the Irish Runs Out 809
theodp writes "Looks like threatening to take their ball and leave paid off for US tech firms. The Irish government announced plans this week to tap the welfare state and working class for much of the $20B in savings they've pledged to find over the next four years, but the austerity measures will not touch large businesses like Microsoft, Intel, Google, HP, Facebook, LinkedIn, and Pfizer, which created jobs and fueled exports in Ireland after being lured by low corporate tax rates. More than 100,000 Dubliners took to the streets to protest the bailout plan, calling for the Irish government to default on the country's debts, and demanding an immediate election. 'We should default,' said a retired union worker, 'the idea that the workers of this country should pay for the gambling of the billionaires is disgusting.'"
Re:It's OK To Raise Taxes On Rich Corps. (Score:2, Funny)
Where's the "Drunk on the Kool Aid" mod when you need it ...
Re:Default? Really? (Score:5, Funny)
How do you run a deficit without generating debt?
Leprechauns
Annexation (Score:2, Funny)
Re:Defaulting is worse! (Score:1, Funny)
Re:People would protest against raising corp. tax (Score:3, Funny)
Look, left-wing parties are likely to do well in our next election, but no-one sensible here, left or right, wants to raise the corporation tax rate. These companies provide our jobs.
If a raise would be announced, ordinary people here would really start to protest.
Ireland is not the US, where lower-middle class working people will protest on the streets saying that Mario Antoinette should have more cake.
Re:Tell that to the Irish who will have to emigrat (Score:3, Funny)
Dude, There aren't any jobs here either. Most of us will have to live in the nest our rich shit into.
Re:Defaulting is worse! (Score:2, Funny)