A General Election candidate in Clare believes Donald Trump’s second term as US president could inadvertently expose the Irish Government’s “waste of taxpayers’ money”.
The President-elect has pledged to bring American jobs back to the US and away from countries like Ireland by slashing corporation tax and offering lower rates to companies who create more jobs.
So far this year, Ireland has received €22 billion in corporation tax receipts from multinational corporations who employ over 300,000 people nationwide.
Cratloe-based Independent Ireland candidate Eddie Punch says even if a handful of these companies pull out of Ireland, the economic impact will lay bare the disregard with which the State has treated taxpayers’ money to date.
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