Tuesday, 3 May 2011

unity of reaction

Just finished watching an appalling BBC Northern Ireland political 'leaders' debate. Apart from phony wrangling, what is quite clear is that they are unified on their economic vision, especially the need to reduce corporation tax, despite the economic disaster which that particular policy had on the Republic.


 It was also amusing to hear Martin McGuinness applaud Finland's education system and as something that Northern Ireland should emulate. He is obviously unware that In Finland taxation of an individual's income is progressive. In other words, the higher the income, the higher the rate of tax payable. And that the standard rate of Finland's corporate tax in 2011 is 26%. 

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