They all went out in the garden with a bottle of wine or some cans and shut down their computers so that they could enjoy the sun - and why not.
The news this evening tells us that Brexit means Brexit, that they (the government) are all going to gather at Chequers to decide how that might best be managed. Wouldn't we all like to be a fly on that wall.
The current peace, while the sun is shining, is our Mr Kearney doing what he has been told to do - free up the wheels. London has enjoyed a property boom whilst it was being "Financially Cleansed" it may just be, that in the Capital there are a few people feeling wealthy, having converted their asset into capital. The Government must be in receipt of fairly chunky sums when it raised Stamp Duty - all of this together can make some people feel giddy to the point where they take risks.
There is a price to be paid when risks or gambles go wrong - people making decisions based on rising activity in the economy would be well advised to be patient before taking on more debt, with the prospect of RISING INTEREST RATES certainly by the new year when the American election has taken place people would be wise to be cautious.
Assuming we are using american terms 1 billion is 1,000,000,000
Let Apple close Give the 5000 workers 1 mill from goverment each plus Apple redundancy , let them pay tax and PRSI about 400,000 euro each, then collect the 13,000,000,000 euro and leave apple go if they want.
This would give Ire Inc about 8,000,000,000 euro nett plus tax take of circa 2,000,000,000
Agree BrucieJ. A lot of giving out about it being 20 years retrospective but this is the same for all EU countries and so is a level playing field. All countries can set their own Corporate tax rate, they just choose not to set it as low as Ireland's.
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