The Mudcat Café TM
Thread #165570 Message #4000873
Posted By: Iains
15-Jul-19 - 05:44 PM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
so why raise it in relation to Ireland,
1)Because as the Irish Times succinctly said a while back:
"EU tax plan 'is a bigger threat to Ireland than Brexit"
2)Because the financial legislation is already in place or proposed and reasonably accurate forecasts can be made as to the future impact of such changes. Perhaps if Belfast was made a freeport after brexit those American companies most impacted by proposed EU tax harmonisation would simply relocate a hop skip and jump up the coast from Dublin
With Brexit nothing has been agreed therefore outcomes cannot be calculated. To make forecasts a minimum data set is required, otherwise the exercise is guesswork, and hence futile.( as has been stated here many times)