title: American money is destroying the Irish economy from the inside
author: u/FrustratedBettor
contenttype: redditpost
publication: r/Economics
published: 2026-02-28T15:02:37+00:00
sourceurl: https://www.reddit.com/r/Economics/comments/1rh4tqv/americanmoneyisdestroyingtheirisheconomy/
word_count: 161
Link: https://www.irishtimes.com/opinion/2026/02/28/american-money-is-destroying-the-irish-economy-from-the-inside/
Score: 326 | Comments: 26 | Subreddit: r/Economics
Top Comments
u/VPackardPersuadedMe (54 pts):
It's not the money, it's that they are not mitigating the impacts or planning for when it stops.
Incentives drive outcomes and politicians own houses.
u/papaswamp (96 pts):
Hey mods.... any way to have posters of gated articles post a summary or link to ungated version of article? Words and more words so the autobot doesn't kick me. Maybe this is enough?
u/Additional-Sock8980 (5 pts):
We need to support our own companies competing for talent with these American companies.
We should rethink prelim tax. 12.5% corporate tax, except on the growth, then it’s 25%. That’s an extra tax on those spending money on growth.
u/HotTakes4Free (11 pts):
The trend now seems to be for nations to reduce their reliance on the US economy. If Ireland benefits from their corporate/banking laws offering a service to US capital, that kind of service should be applicable globally, with some adjustments. So, they should try to be more like Switzerland than the Cayman Islands. OTOH, maybe the role of international tax haven is not a recipe for the future success of any economy, no matter where the money comes from.