More on Corporation Tax

The FT carries an article which highlights that some (unnamed) officials elsewhere in Europe think that raising the corporate tax rate should be part of the deal. One quote

“They need lots of money and we note they have a corporation tax rate that is very low,” the official said. “Supply must follow demand.”

It may be helpful to reproduce the table I posted last week: the range of variation in  corporate tax revenues to GDP is not that large across the OECD (except for oil-rich Norway). Given the importance of a pro-growth plan and the downside risks to the export sector of varying this tax rate, it does not seem wise for the international debate to focus on this topic.

Corp Tax

Threadbare

The new issue of The Economist has a long analysis piece on Ireland: you can read it here.

Ireland’s Last Big Bank Failure: Any Lessons for Today?

The next seminar hosted by the Centre for Financial Markets (CFM) will take place tomorrow Thursday November 18 between 2-3pm at the Smurfit School of Business, Carysfort Avenue, UCD. The venue for the paper is Room N304.

The paper is to be given by Cormac O’ Grada (UCD)
Ireland’s Last Big Bank Failure: Any Lessons for Today?

This paper is being presented in association with the Science  Foundation Ireland (SFI) Strategic Research Cluster (SRC) in the area of Financial Mathematics and Computation.

Final Report of the Mortgage and Personal Debt Group

the report is here.

Ireland: The Texas of Europe?

Paul Krugman also points out the merits of deeper integration here.