NYTIMES:DUBLIN — Ireland is now alive with enthusiasm for entrepreneurs, who seemingly rank just below rock stars in popularity.
... Then there are the government-sponsored studies proclaiming that Ireland ranks third in the European Union in early-stage entrepreneurial activity.
HOW/WHEN DID THIS HAPPEN?
EASY: ... “The change came in the 1990s,” said James Murphy, founder and managing director of Lifes2Good, a marketer of drugstore products for muscle aches, hair loss and other maladies. “Taxes and interest rates came down, and all of a sudden we believed in ourselves.”
... Government help for Irish entrepreneurs grew out of an overall economic policy devised in 1987 that reduced personal taxes, said Kevin Sherry, a director of Enterprise Ireland who specializes in start-up companies.
... The tax on corporate profits, though, is 12.5 percent, which is an incentive to own a business.
BOTTOM-LINE: NONE OF THE DEMOCRATS RUNNING FOR PRESIDENT - EACH OF WHOM WOULD RAISE TAXES ON PEOPLE AND ON BUSINESSES - COULD GET ELECTED IN IRELAND. THE IRISH KNOW WHAT MANY AMERICANS (THE DEMOCRATS!) SEEM TO HAVE FORGOTTEN.
- WHY DO THE DEMOCRATS EVEN PROPOSE HIGHER TAXES?!
- BECAUSE THEY THINK WE'RE GULLIBLE IDIOTS WHO CAN BE PLAYED AS SUCKERS FOR CLASS WARFARE.
- THAT'S A CORRECT ASSESSMENT OF SOME OF THE ELECTORATE: THE LEFT.
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