HOW IRELAND WENT FROM CENTURIES OLD POVERY TO AFFLUENCE AND GROWTH: INVESTMENT INCENTIVES AND LOW TAXES

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.