“Matt Yglesias”:http://yglesias.thinkprogress.org/2010/11/the-luck-of-the-irish/ on the horrors of the Irish economy.1
bq. Today of course Ireland is a total disaster. I wouldn’t try to blame their property crash on low tax rates. But by the same token a frightening number of pundits went “all-in” on the idea that Ireland’s conserva-friendly tax policies were behind a boom that was in fact driven by a real estate bubble.
I personally _would_ try to blame a fair chunk of Ireland’s property market crash on low corporate tax rates.
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