2008-10-27
The Irish times recently published an article indicating their concern about the fate of the Irish economy if Obama were elected. The article stated that:
[T]he [Bush] administration's attitude towards international tax incentives that reduce investment, jobs and tax revenue within the US . . . has been laissez-faire, if not benevolent.
The article continued:
. . . Irish agencies charged with attracting foreign investment to Ireland have always been more wary of Democratic administrations than Republican ones.
The concern of the article was that if the U.S. stops shifting investment, jobs, and tax revenue outside its borders, the Irish economy will suffer.
DISCLAIMER
The posts on this blog have not been verified for accuracy. You should consult an attorney for legal advice regarding your own situation. These posts are not updated for changes in the tax laws. Further, these posts should not be relied upon for any purpose whatsoever.
65 Main Street, Centerbrook, Connecticut, 06409 USA | Ph: (860) 767-4975 | Fax: (860) 756-0954
Copyright © 2004 – 2024, Andrew Mitchel LLC. All rights reserved.