Thursday 24 August 2017

Support is key for entrepreneurs

Sir -- Exports are critically important (which is why I would never advocate an increase in the 12.5 per cent corporation tax rate).

But Ireland cannot simply rely, in the long-term, so heavily on foreign companies and people -- who account for more than three-quarters of total Irish exports -- to come up with the great ideas and entrepreneurial heavy lifting, and hope that they will base themselves in Ireland for transient tax reasons.

In addition to retaining Irish-based foreign multinational companies, we must allow a domestic culture of entrepreneurship (small and large) to grow and thrive. This will also be where future indigenous Irish exporters will come from.

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