Fintan O’Toole: Ireland makes a fetish of corporation tax because it is too scared to be normal

By making the 12.5% corporate tax rate the test of our sovereignty, the State sends out a message of fear to the world

 In 2010, instead of resistance to the big mistake, the State, before taking flight from its own sovereignty, gripped its passport: 12.5 per cent.  Photograph: Getty Images

In 2010, instead of resistance to the big mistake, the State, before taking flight from its own sovereignty, gripped its passport: 12.5 per cent. Photograph: Getty Images

A shrieking fire alarm went off the other night in the apartment block where we’re staying. In the seconds between waking and running, we had to think: what do we save? Without time for conscious thought we instinctively grabbed our passports. If everything else was lost we’d still have proof of who we are.

What would Ireland snatch intuitively when the fire alarm goes off? We don’t really have to speculate. We’ve been there and done it. 

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