THE MINISTER FOR Enterprise Simon Coveney is travelling to the US West Coast today for a series of high-level meetings with a range of companies.Speaking ahead of his visit he stated that the IDA continues to see a healthy pipeline of investment in the first half of this year:“The Irish economy is very strong at the moment, last year we saw an extra 24,000 jobs in IDA companies and that was led by the tech sector in many ways.
“The impact on Ireland so far of tech sector announcements isn’t anything like the impact on some other countries and other parts of the world, but it will impact on some people and the State will be there to support those people. We have a very strong economy at the moment and a very strong tech sector.
More than 800 US multi-national companies invest over €5 billion in the Irish economy every year, creating over 180,000 jobs, while indigenous Irish companies have 800 locations in every US State and employ more than 110,000 people.“The Irish economy is strong and growing, adding jobs and is at full employment. Last year we sanctioned more than 40,000 work permits, many of them to work in these multi-nationals.
The United States is Ireland’s largest trading partner. In 2021 the value of trade between the two countries was €255 billion, which represented 30% of Ireland’s total global trade. Making a difference A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation. For the price of one cup of coffee each week you can make sure we can keep reliable, meaningful news open to everyone regardless of their ability to pay.
And out of that 5 I’d say maybe 3 was siphoned out into pockets
And then goes straight to anti-Irish NGO or non citizens.
Yet SF want to increase company & employer taxes - SF will wreck the country the way they have in the north and similes to what Liz did as PM of UK
But how much untaxable money do they remove from the economy?
Dose not help my tax bill