Sinn Fein and how do they form a government dilemma

Sinn Fein haven't managed to reassure business leaders. When you see the planned Minister for Finance can't even release an alternative budget without mistakes. Builds a whole campaign around "tax the rich" and then a few months later it released and they had a 28% error in the original 140k amount and now its 100k.

How can you attract talent to Ireland when you don't know if they are going to be the target of the "tax the rich" policy, it should be just named "tax the worker".

Sinn fein as I have said multiple times are incompetent. MNC and business leaders are watching all this, imagine a company making a 28% error and then brushing over it as if it never happened? if it did people would be fired from top to bottom. Total incompetence.

I go back to the "up da ra" lad who supposed to be the planned Minister for Health, said he was going to hire hundreds of new Consultants. When it was pointed out to him that all these people would be the target for the "tax the rich" policy and why would they come to Ireland when their take home pay would be less and the current government can't attract them. The answer? well no real answer and then pointed to pearse.

Incompetence. Every business minded person the Ireland can spot all this and that is why people think it will be a disaster for Ireland.

That's just two departments, once you start bringing in the rest of them it turns into a total shambles.

Housing :-) don't make me laugh. EOB is good at shouting from behind mary Lou in the Dail and that's about it.

I was talking about Sinn Fein. More nonsense.

As I said incompetence from the party from top to bottom.

Problem is,after the meetings,business people don't believe them and the advice being given right left and centre in the busiiness world is to protect yourself against a Sinn Féin government now while you still can

Business people are Savvy like that

Personally I think if or when Sinn Féin get into power,it's not business people that will get an awful land,its their core supporters, their proletariat when nirvana is still missing

Come on folks.

Back up the conspiracy claims.

Do you have anything to back up this?

'left, right and centre' is a big claim.

Is it yet another one that won't be backed up and therefore consigned to the sensationalism/scaremongering folder?

Haven't we seen that before? Ansbacher etc.

I have no doubt there will be greedy people fretting. How would they not with all the sensationalism about.

Heh

You're not being real again as usual

Business people,high earners and the legal profession aren't publishing articles

They're just doing

Boards.ie punters like yourself aren't a priority

So you cannot back up your claim.

Thank you for that.

So how is it affecting the countries I listed.

I know the theory and I accept that if that is all you do...increase income tax to unsustainable levels you will get corporate flight. That isn't rocket science.

However there is like everything nuance and balance that can be achieved. And the countries listed seem to have achieved it.

Seems to me, SF have been hard at work allaying the fears of FDI investors and they are certainly not intimating flight or anything like it.

You are the one making the unsupported claim that the economists and academics are wrong and that it isn't affecting the countries you listed.

You claim that they "seem" to have achieved balance, but Portugal, for example, is a much poorer country than Ireland. You also haven't set out how their income tax arrangements have gone up while FDI has also gone up.

As you say in your own post #2456 those who make claims have to back them up.

You have made the outrageous claim that a series of economists and academics are wrong in stating that higher personal income taxes reduces FDI, you claim that Portugal (and let's just take one of your spurious examples) is a country where higher personal income taxes don't deter FDI, and you have made this claim without any evidence that Portugal has higher personal tax rates than Ireland and that Portugal has been able to get similar levels of FDI as Ireland. But you have the gall to ask others to back up their claims when you are going around making a completely nonsensical claim against all the evidence and refusing to back up that gibberish claim.

Someone else might draw conclusions as to what you are at. I will just present the evidence above.

You have presented zero evidence that it is not the case in the countries listed - Portugal was one of those you listed, so I am limiting it to Portugal to make it easier on you, come back with the stats from Portugal that back you up.

You have presented zero evidence that even if your theory that it is not the case in the countries listed, that the reason is the one you have advanced.

You have presented zero evidence that those countries believe that the balance achieved is better than increased FDI.

All of the above runs counter to the established economic and academic norms. In other words, when it comes to economics and FDI, you are the flat earther or climate change denier, and until you produce something more than zero evidence, that is how your "arguments" should be treated.

As I said, that is equivalent of somebody saying that they can find no evidence that the world is round, so all the experts are wrong and that they can find no evidence that there is climate change, so all the experts are wrong on that as well. You will probably tell us next that you can find no evidence that 5G masts and Covid vaccines are safe so all the experts are wrong on those.

Imagine trying to explain concepts like macroeconomics, demographic changes, bond maturity terms to someone like Pearse Doherty?

FF will have to insist they retain the Finance, Justice and Defence portfolios.

All of those countries have lower levels of FDI than Ireland.

In order to show that the experts are wrong, you need to produce a country, any country, with a similar wealth profile as Ireland, which manages to combine high and increasing levels of personal taxation with high and increasing levels of FDI.

There isn't one, but off you go. Until then, best that your deluded economic theories are filed alongside flat earthers.

Is high and increasing FDI the way to go though as the overriding economic strategy? It made sense in dark days of the 1980s and worked well for a couple of decades but might constantly increasing FDI as the dominant national strategy have run its course? Again, like the job creation strategy (of which attracting FDI is part), it does not mean we drive out FDI, but rather re-balance the strategy taking into account the current needs of the country.