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[article] JP Morgan warns of infrastructural constraints as Ireland seeks Brexit..

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    #2
    LeinsterDub
    Registered Users Posts: 8,229 ✭✭✭LeinsterDub


    How about a brexit ring fence. All additional taxes from brexit goes towards infrastructure?


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    #3
    CatInABox
    Moderators, Computer Games Moderators, Recreation & Hobbies Moderators Posts: 10,330 Mod ✭✭✭✭CatInABox


    LeinsterDub wrote: »
    How about a brexit ring fence. All addition taxes from brexit goes towards infrastructure?

    Even with major foreign companies coming into Ireland after Brexit, I'd be very shocked to see the tax take go up over the next few years. I'd be over the moon if it even remained roughly level.


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    #4
    murphaph
    Registered Users Posts: 19,019 ✭✭✭✭murphaph


    marno21 wrote: »
    The day before they announced they would be moving into 200 Capital Dock, this article sums up what we all know.

    http://www.independent.ie/business/jp-morgan-warns-of-infrastructural-constraints-as-ireland-seeks-brexit-spoils-35713324.html

    A particular quote:
    That's called the chickens coming home to roost.


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    #5
    Vic_08
    Registered Users Posts: 3,050 ✭✭✭Vic_08


    murphaph wrote: »
    That's called the chickens coming home to roost.

    It's more like the fox complaining that there are no chickens left in the henhouse to eat after killing them all the day before.

    The banking sector that is only interested in Ireland due to the non-existent corporate tax levels are not happy that the Irish taxpayer hasn't funded enough infrastructure after a decade of recession caused by the banking sector.


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    #6
    murphaph
    Registered Users Posts: 19,019 ✭✭✭✭murphaph


    Vic_08 wrote: »
    It's more like the fox complaining that there are no chickens left in the henhouse to eat after killing them all the day before.

    The banking sector that is only interested in Ireland due to the non-existent corporate tax levels are not happy that the Irish taxpayer hasn't funded enough infrastructure after a decade of recession caused by the banking sector.
    Go on out of that. We've failed to invest in infrastructure more or less since the foundation of the state, unless it was to buy votes (motorways and railways to sparsely populated rural regions, under capacity trams that don't even connect for Dublin).

    Sorry, but the banks may be guilty of many things, but the infrastructure deficit in Ireland is not one of them. Dublin was deliberately starved of infrastructure because it was never popular with swathes of rural voters. Now that legacy is going to bite Dublin and by extension the entire country in the ass.


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