Fintan O’Toole: Ireland would not be viable without 10 big US corporations

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Without revenue from multinationals the State would face radically different choices

Lego is an example of how capital in Denmark, unlike in the Republic, is rooted in locality, family and society. Photograph: iStock.

Lego is an example of how capital in Denmark, unlike in the Republic, is rooted in locality, family and society. Photograph: iStock

 

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OpEd Which means we have a single point of failure in our finances. We need to increase incentives for home grown industry and wean ourselves off dependency on external resources.

OpEd True. But we are getting that income.

OpEd Seems strange to hear Fintan O'Toole praising anything to do with the US.

OpEd Without being America's little tax haven Ireland would have F all, you mean.

👍fotoole

Yes but, rightly or wrongly, I think the fact that we’re an English-speaking country plays a big role in our relevance too.

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