by You can't really look at GDP to figure out what is really going on...The Trump tax reforms of this past January 1 at least removes financial incentives for the multinational firms to cause this type of financial result.So even the recent weakness in both the UK and EZ prints of GDP could easily be the result of a change in tax reduction strategy by the US multinationals in response to the Trump corporate tax policies.And not some nebulous "austerity neoliberal conspiracy lies!" theories...Interesting observation from IMF, makes you wonder about our indigenous economic growth... Quarter of Irish growth due to Apple's iPhone, says IMF https://t.co/yllphgy3VV via @rte— Gary Twyford (@GTwyford) April 17, 2018
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You can't really look at GDP to figure out what is really going on...
The Trump tax reforms of this past January 1 at least removes financial incentives for the multinational firms to cause this type of financial result.
So even the recent weakness in both the UK and EZ prints of GDP could easily be the result of a change in tax reduction strategy by the US multinationals in response to the Trump corporate tax policies.
And not some nebulous "austerity neoliberal conspiracy lies!" theories...
Interesting observation from IMF, makes you wonder about our indigenous economic growth... Quarter of Irish growth due to Apple's iPhone, says IMF https://t.co/yllphgy3VV via @rte
— Gary Twyford (@GTwyford) April 17, 2018