crisis

Out of context: Reply #18

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  • rafalski0

    Ireland gets screwed right by the government who ensure to accumulate the problems for not so distant future. Rising VAT to cover a budget hole on the same day UK lower theirs - brilliant, way to boost an economy. Guess where shoppers' money will go.
    Many builders, carpenters and quite a few architects I know are out of jobs as the housing bubble burst. One architect said his company laid off some people, proposed 15% salary cuts to the remainder to those who stayed. Everyone agreed.

    rafalski 0Permalink
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    • the low VAT made companies leave other EU countries for Ireland.akrokdesign
    • Ireland always had a high VAT rate, it went from 21 to 21.5% now. You are talking about Corporate Tax which is 12.5%rafalski
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