A Dublin Tax: raising corporation tax by 5% in the Dublin to decentralise the economy.

Hans Von Horn

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Government s have been scratching their heads for many decades to solve the problem of how the economy can be expanded in a balanced way across the Country.

More ancient sites like Tara have been starved of development and growth. Facilities like Ports and Fords on Rivers, were the essential infrastructure to drive growth. Now Airports, railways and Motorways, are much more important.

Dublin was simply not designed form the outset for the level of growth it now faces. A new city purposely and deliberately designed for the technology is the way to go.

New Cities need to achieve a critical mass, and they need to be State of the Art, while competing on cost.

Only a taxation differential can deliver migration of new business to locations outside Dublin. The demise of Galway Airport with the onset of the M6 motorway demonstrated the need to roll out Motorway to each County of Ireland.

The cycle lane nonsense pushed by the Greens should not be given any hearing. Bike are grant for leisure activity but they should mot be taken seriously as a means of going to work. A man on a bike over 25 should be regarded as a failure.

The 5% Dublin premium tax on new corporate business should be complemented by a cut on the upper rate of income tax of 2% ( to be increased under review) for non Dublin Residents to provide an incentive for wealth people to release housing stock and move out of Dublin.

The idea of tax relief relating to where people live is not new as the precedent is set with mortgage interest relief and section23 type relief.
 


PBP voter

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You would need a devolved government under EU rules.

Now the UK has left the EU they can have different rates by city without devolution.
 

Man or Mouse

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Government s have been scratching their heads for many decades to solve the problem of how the economy can be expanded in a balanced way across the Country.

More ancient sites like Tara have been starved of development and growth. Facilities like Ports and Fords on Rivers, were the essential infrastructure to drive growth. Now Airports, railways and Motorways, are much more important.

Dublin was simply not designed form the outset for the level of growth it now faces. A new city purposely and deliberately designed for the technology is the way to go.

New Cities need to achieve a critical mass, and they need to be State of the Art, while competing on cost.

Only a taxation differential can deliver migration of new business to locations outside Dublin. The demise of Galway Airport with the onset of the M6 motorway demonstrated the need to roll out Motorway to each County of Ireland.

The cycle lane nonsense pushed by the Greens should not be given any hearing. Bike are grant for leisure activity but they should mot be taken seriously as a means of going to work. A man on a bike over 25 should be regarded as a failure.

The 5% Dublin premium tax on new corporate business should be complemented by a cut on the upper rate of income tax of 2% ( to be increased under review) for non Dublin Residents to provide an incentive for wealth people to release housing stock and move out of Dublin.

The idea of tax relief relating to where people live is not new as the precedent is set with mortgage interest relief and section23 type relief.
What's this about no room for growth? Have you flown over the place anytime recently? There is any amount of land available for expansion, just skullduggery involved in ramping up the price before being made available.
 

hammer

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How about a Corporation Tax rate for all new business in BMW region where employment levels exceed say 50 of 7.5% ?
 

mr_anderson

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How about a Corporation Tax rate for all new business in BMW region where employment levels exceed say 50 of 7.5% ?

Wouldn't work.
Companies simply do not want to set up in these regions.
The pool of sufficiently skilled labour is too small.
And the location is too remote from their main markets.
Ireland itself is on the periphery. For a lot of these companies, locating anywhere other than Dublin is simply daft.
 

hammer

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Wouldn't work.
Companies simply do not want to set up in these regions.
The pool of sufficiently skilled labour is too small.
And the location is too remote from their main markets.
Ireland itself is on the periphery. For a lot of these companies, locating anywhere other than Dublin is simply daft.
It would be interesting to see what would happen if we did.
 

mr_anderson

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It would be interesting to see what would happen if we did.

Very little.
It may attract companies that were not going to locate in Dublin to begin with, but that's it.
Name me one IFSC company or a US tech FDI that will leave Dublin to set up in the likes of Donegal ?
 

blokesbloke

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You would need a devolved government under EU rules.

Now the UK has left the EU they can have different rates by city without devolution.
:confused: We haven't left yet, and why would us leaving make any difference?

Was the devolved rule something the UK only wanted?
 

hammer

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Very little.
It may attract companies that were not going to locate in Dublin to begin with, but that's it.
Name me one IFSC company or a US tech FDI that will leave Dublin to set up in the likes of Donegal ?
Donegal maybe not. A bit closer Cavan, Monaghan etc...
 

Roll_On

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:lol: some serious lack of intelligence there OP, breath taking really.
 

Kevin Parlon

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A classic example of using the easy stick, where the hard won carrot works better. I'm sure this naturally appeals to government types, but it's an awful, lazy idea. If you want investment in the regions, invest in them. Punishing areas doing well to benefit those doing less so is bad policy.
 

Spanner Island

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Government s have been scratching their heads for many decades to solve the problem of how the economy can be expanded in a balanced way across the Country.

More ancient sites like Tara have been starved of development and growth. Facilities like Ports and Fords on Rivers, were the essential infrastructure to drive growth. Now Airports, railways and Motorways, are much more important.

Dublin was simply not designed form the outset for the level of growth it now faces. A new city purposely and deliberately designed for the technology is the way to go.

New Cities need to achieve a critical mass, and they need to be State of the Art, while competing on cost.

Only a taxation differential can deliver migration of new business to locations outside Dublin. The demise of Galway Airport with the onset of the M6 motorway demonstrated the need to roll out Motorway to each County of Ireland.

The cycle lane nonsense pushed by the Greens should not be given any hearing. Bike are grant for leisure activity but they should mot be taken seriously as a means of going to work. A man on a bike over 25 should be regarded as a failure.

The 5% Dublin premium tax on new corporate business should be complemented by a cut on the upper rate of income tax of 2% ( to be increased under review) for non Dublin Residents to provide an incentive for wealth people to release housing stock and move out of Dublin.

The idea of tax relief relating to where people live is not new as the precedent is set with mortgage interest relief and section23 type relief.
Ireland is smaller than the state of Maine - there is only room for one major city in such a small country.

And Dublin is a low density city that is more than capable of developing far more if density was increased and height restrictions were lifted in certain areas... and if a lot of the vacant land that still exists within the M50 was utilised properly.

It's too easy to declare Dublin over developed when it is not even close to being that.

Dublin has been badly planned... horrendously so in many respects... but that could be rectified with a bit of vision and imagination...
 

Roll_On

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Ireland is smaller than the state of Maine - there is only room for one major city in such a small country.

And Dublin is a low density city that is more than capable of developing far more if density was increased and if a lot of the vacant land that still exists within the M50 was utilised properly.

It's far too easy to declare Dublin over developed when it is not even close to being that.
As if Dublin were Hong Kong and Ireland was a superpower collection of counties akin to German states. These people are cookoo.
 
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wombat

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More lunacy from P.ie, Dublin competes with cities overseas for investment, not Longford.
 

McTell

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No
A classic example of using the easy stick, where the hard won carrot works better. I'm sure this naturally appeals to government types, but it's an awful, lazy idea. If you want investment in the regions, invest in them. Punishing areas doing well to benefit those doing less so is bad policy.

Already de wesht is subsidised and has less electors per TD - people choose where they want to live and work now, and if you want to run a flock of sheep on some far flung hillside, then good luck to you.
 

TheField

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Corporation Tax is THE sacred cow in this country - even SF are afraid to tackle this.

But I agree, it should be increased. It's the one area of taxation that has escaped increases for many years. Time for a change upwards.
 


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