We do our best here at FPP to tread lightly when it comes to economics – it can be a complicated area to say the very least and often all is not as it appears.
But when we read some stories about this topic known as #AppleTax we seemed to think we had the basis of what it was all about, only we couldn’t believe it.
Then in an article titled “Q&A : What exactly is at stake in the Apple Tax issue?” the Irish Times pretty much spelled it out as we saw it…
Ironically, the Government will be appealing a decision that a big company must pay it a load of money.
Luckily, it appears that David McWilliams is on the case to explain things, and we generally give his take a lot of weight on Irish economic matters when of course the governments very much don’t.
— David McWilliams (@davidmcw) August 30, 2016
While we wait for his take, we’re holding the assumption that this is yet another classic case of #CapitalismGoneMad.