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Unleash the Dogs of capitalism


Ó Donnchadha

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May 27, 2010
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Kevin Cullen writes for the Boston Globe, has written for many years on Irish issues, had this piece on Northern Ireland's economy.

As Owen Paterson works the room in Washington on Tuesday, schmoozing at a job creation conference for Northern Ireland hosted by Secretary of State Hillary Clinton, prospective investors may be tempted to do a double take at his name tag.

Paterson is an Englishman, Britain’s secretary of state for Northern Ireland. But when it comes to tax policy, his pitch is decidedly Irish.

In fact, when it comes to tax policy, Paterson wants to out-Irish the Irish.

Unleash the dogs of capitalism - The Boston Globe



What say ye ?
 


TonyBird

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Jun 24, 2010
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Its a UK issue really . The English and Scots will be covering all bets on the shaggy dog that is Norn Iron .
 

richie268

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Sep 14, 2007
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I remember the mad cow thing and all the bison up north was Irish!
 

LeDroit

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Kevin Cullen writes for the Boston Globe, has written for many years on Irish issues, had this piece on Northern Ireland's economy.







Unleash the dogs of capitalism - The Boston Globe



What say ye ?
Of course, if you reduce the disincentive to engage in an activity you get more of the activity. Reduce rate, increase revenue. Simples.

It'd work very well but I think Scotland and Wales would go bonkers so it'll have to be an overall UK strategy open to all devolved parliaments.
 

NAMAwinelake

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Feb 23, 2010
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Isn't regional taxation policy (and rates) in the EU still shaped by the Azores decision in 1998 which wouldn't allow the Azores as part of Portugal to have lower tax rates because the islands still depended on Portugal for financial backing.

Isn't this the same with NI - that the territory/country/autonomous region depends on substantial financial backing from Westminster. And therefore it would not be allowed have a different tax policy?

There is a decent overview of the issues and Azores case here.

http://www.law.ed.ac.uk/swisscollaboration/files/scotthandout.doc

Owen Patterson has a successful career in leather under his belt, but he displayed poor judgement in his pre-election talks with the UUP/DUP and what was reported as a modern day attempt at gerrymandering through electoral pacts that favoured unionism over nationalism.


Now I wonder how he overcomes the little matter of EU approval for differing tax rates for NI when talking with potential investors in NI? Perhaps they should ask him.
 

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