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henry2023 3 hours ago

Even in the hypothetical that datacenters would double Ireland’s GDP what real positive impact would it have if they pay zero taxes?

a_paddy 2 hours ago | parent | next [-]

They do pay tax, 12.5%. Plus employment during construction and maintenance. There's also ancillary investment in national infrastructure such as Google's CO2 battery

hunterpayne 2 hours ago | parent | prev | next [-]

The rest of Europe sued Ireland to get them to stop being a tax haven. Ireland basically refuses to do so. If they did, most of their economy evaporates overnight (and the US government gets a lot more tax revenue). Ireland's economy is basically 2 tax shelters in a trench coat.

phs318u 3 hours ago | parent | prev [-]

Did you mean hypothesis?

henry2023 an hour ago | parent [-]

I meant hypothetical, thanks for pointing it out.