
Why Manufacturing Matters
The David McWilliams Podcast
00:00
The Solution to Broadening Tax Base
i think there is a phenomenal, phenomenal story to be told on ireland's manufacturing industry at the moment. Two countries that have built a manufacturing base from scratch in the last 30 years are really korea and china. And the third one is ireland. But what ireland has done is it's acquired a manufacturing base we haven't built, and we've acquired it by changing our relative prices through our tax system. Now that the o c d and ireland are committed with a hundred and forty other countries to this new minimum tax regime of 15 %, ireland's no longer an outlier. It's there.
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