Bono: Larger Taxes on Business Does Not Bring Prosperity

“We are a tiny little country, we don’t have scale, and our version of scale is to be innovative and to be clever, and tax competitiveness has brought our country the only prosperity we’ve known,” he told the Observer.

“We don’t have natural resources, we have to be able to attract people.”

Because of its generous tax allowances, he added, Ireland has reaped the benefits of “more hospitals and firemen and teachers because of [the tax] policies”.

Bono must have starting doing some reading and reflection.

via Bono hails Ireland’s controversial business tax laws: ‘Tax competitiveness has brought the only prosperity we’ve known’ – People – News – The Independent.