A Quote by Enda Kenny
Ireland cannot become the collector general for the world. We can only tax on profits generated in the country here.
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A huge part of Apple profits generated in Europe, in African countries, Middle East, and India were all booked in Ireland. And I think it is a very basic principle in taxation that your profits are taxed where the profits are generated.
The Business Profits Tax, which is imposed on in-state businesses, we need to impose the same thing on out-of-state businesses, because the way the Business Profits Tax is calculated, it is highly dependent on how much sales and profits are generated in-state.
In Ireland here, the Revenue Commission have always been completely independent of the state since 1923, and they are quite adamant and quite clear that there was no preferential treatment and no special deals, no sweetheart deals, and that Apple paid the taxes that were due on their profits generated here in this country.
I think, definitely, this country needs a lower corporate tax rate and tax reform so that we can get our profits that we've made overseas back into the country without heavy penalties. And if that happens, I think that would be very good for the market and all of that.
God forbid that the United Kingdom should take a lead and introduce a sensible tax system of its own which would probably comprise a very low level of corporation tax - tax on corporate profits - and perhaps a low level of corporate sales tax, because sales are where they are, and sales in this country are sales here, which we can tax here.
Have we the courage and the will to face up to the immorality and discrimination of the progressive tax, and demand a return to traditional proportionate taxation? ... Today in our country the tax collector's share is 37 cents of every dollar earned. Freedom has never been so fragile, so close to slipping from our grasp.
In 2013 Citigroup had profits of $6.4 billion in the United States. They paid no federal income tax and, in fact, received a rebate from the IRS of $260 million. That same year J.P. Morgan had $17.2 billion in profits in the U.S. They also paid no federal income tax. Do you think it's time for tax reform?
Indeed, American companies make three times as much profits from their investment in one E.U. country, Ireland, than they do from all their investments in China.
America must deal once and for all with an utterly irrational health care financing system that allows private interests to make billions in profits from the pain and suffering of their fellow citizens. America is the only country in the industrialized world that does not provide tax-supported universal health care coverage in some form.
Trump is not presidential: this is not normal, it cannot be treated as normal. We have to fight with our last breath to make sure that the vision for the country that this racist white nationalist Bannon has cannot be achieved in this country. We are a country that, whether he likes it or not, is about to become the first nation in the world that is majority minorities.
I think the American people should see that the corporations abandoned them long ago. That people will have to build their own economies and rebuild democracy as a living democracy. The corporations belong to no land, no country, no people. They have no loyalty to anything apart from the base-line - their profits. And the profits today are on an unimaginable scale; it has become illegitimate, criminal profit - profits extracted at the cost of life.
What were once only hopes for the future have now come to pass; it is almost exactly 13 years since the overwhelming majority of people in Ireland and Northern Ireland voted in favour of the agreement signed on Good Friday 1998, paving the way for Northern Ireland to become the exciting and inspirational place that it is today.
We didn't become the most prosperous country in the world just by rewarding greed and recklessness. We didn't come this far by letting the special interests run wild. We didn't do it just by gambling and chasing paper profits on Wall Street. We built this country by making things, by producing goods we could sell.
Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.
Nobody expects the tax collector to be a friend, but one does expect the government to apply its mind to making payments and refunds fair and user friendly especially for those who are actually paying tax.
5: Social security will break small business, become a huge tax burden on our citizens, and bankrupt our country!
1944: The G.I. Bill will break small business, become a huge tax burden on our citizens, and bankrupt our country!
1965: Medicare will break small business, become a huge tax burden on our citizens, and bankrupt our country!
1994: Health care will break small business, become a huge tax burden on our citizens, and bankrupt our country!
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