Paul O’Donoghue
Senior Correspondent at AMLintelligence.com
Journalist at Freelance
Journalist. RT not endorsement.
Articles
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6 days ago |
thejournal.ie | Paul O'Donoghue |Paul O’Donoghue
In favour, we have: economists. Tax collectors. A very, very small number of politicians. On the opposition we have: basically everyone else. Property tax is probably one of the most universally disliked taxes in the country. It’s not hard to see why. Some 66% of people own their own home. They obviously don’t want to pay more than they have to in order to maintain it. So that’s two-thirds of the population against it straight away.
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1 week ago |
thejournal.ie | Paul O'Donoghue |Paul O’Donoghue
AS THE OLD saying almost goes, there are statistics, damned statistics, and Irish statistics. If you were to take the country’s headline indicators at face value, many paint the picture of an economic miracle seemingly too good to be true. GDP growth which has left most of the developed world in the dust. Productivity which is about 2.5 times the European average. And report after report which ranks Ireland as one of the top 10 countries to live in. You might be sensing a ‘but’.
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2 weeks ago |
thejournal.ie | Paul O'Donoghue |Paul O’Donoghue
IF YOU’RE A bit fed up of hearing about tariffs the last few days, it’s understandable. There’s been a barrage of coverage since Donald Trump casually kicked off a global trade war during the week. Falling stock markets, panicking politicians, scrambling business executives. There’s a lot to take in. So we thought this time, we’d be a bit more relaxed when talking about tariffs, and take a look back at Ireland’s use of them.
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3 weeks ago |
thejournal.ie | Paul O'Donoghue |Eoghan Dalton |Paul O’Donoghue
IT ALL KICKED off on Wednesday – Trump’s Tariffs(™), Liberation, lots of bold pronouncements and grand statements. The upshot – there will now be tariffs of 20% on most imports into the US. Tariffs are explained here, but essentially, they’re taxes. Notably, it seems the pharmaceutical industry has been spared. At least for now, the Irish government is assuming the US will revisit the issue.
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3 weeks ago |
puertoricobusinesstribune.com | Paul O'Donoghue |Paul O’Donoghue
IRISH CORPORATE ENTITIES helped American pharmaceutical giant Pfizer reduce its global tax bill, a US investigation has said. An investigation by Democratic staff of the US Senate Finance Committee said Pfizer significantly lowered its tax bill by routing profits through Ireland, as well as Puerto Rico and Singapore. The probe said Pfizer paid a tax rate of just 5.4% in 2019, “followed by rates of 5.3%, 7.6% and 9.6% between 2020 – 2022”. The headline US corporate tax rate is 21%.
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Guys, I can't take it anymore. This stuff constantly does the rounds. Repeat after me: 'GDP is a useless metric for Ireland which is hopelessly skewed by multinational profit shifting.'
Note Ireland https://t.co/ZwVNYofzta
I normally don't compare Irish public spending in 1 area to another. So many different factors, etc, etc But yeah €9m being conjured up for the phone pouch thing is wild When you consider the amount provided last year for new eating disorder services was... €0
@paulodonoghue93 But €9 mill for Mobile Phone pouches in Schools????
For anyone watching #AnorexiaMyFamilyAndMe, keep in mind: In the whole of Ireland, there are just 3 (public) adult eating disorder treatment beds. The HSE planned to deliver 20 more by 2023. Funding provided by the government? A grand total of €0.
