It’s a bit like Bono meeting the Pope, hard to tell precisely who is granting who an audience.
Fair play to the boy, didn’t the lad do well and sure isn’t he great to be donating all that money to charity, blah blah blah de blah.
I have just one question. What his the source of his fortune? What foreign exchange transactions are we talking about here? What currencies did he buy and what did he sell and when?
I think it’s a legitimate question to ask seeing as our head of state is bestowing her grandeur upon the man, don’t you?
With Lochlann Quinn, Michael O’Leary and Denis O’Brien, for example, one can validate the sources of their wealth with no great difficulty. One can examine Ryanair’s accounts and see what salary Mick has awarded himself. It’s on the public record that O’Brien got the mobile phone licence, etc, and sold such and such a business business at such a such a time so one can see how he built his fortune.
Even George Soros, another investor said to have made a mint from FX dealing, is relatively transparent about what he is betting on to go up and what to go down.
By the time you stock a stud farm, throw a party and invite the president, and pay bills on that monstrosity, give a few quid to an interest close to your heart, there isn’t a lot left over to give the tax man.
So what if is he is a tax exile? That’s a natural function of having 54% tax rates. Billionaires and their money are highly mobile and that’s just a fact of life. If anyone has an opportunity to legally pay less tax then why wouldn’t they take it?
He coughs up more than enough in consumption taxes anyway. Think how much of the €100m construction cost went in to govt coffers through VAT, stamp duty, payroll taxes and all the rest.
Nothing at all wrong with being a tax exile, but at least have the decency to stay in exile. At least have the decency to be seen as someone who decides want to contribute to the state’s health service , education costs, pension bill etc. There’s something very wrong about being a tax exile and building a main residence within the state and have the president driving down (hope there was no jets involved) on tax payer expense to celebrate it.
There are many ‘exile-able’ rich people who make the decision to be tax resident here and pay their taxes.
I’m sure I would have remembered, but I cant recall the president calling round to my house a few weeks back and telling the great and the good I was a legend for paying my preliminary tax.
I was initially going to dignify this with a detailed response, but then I thought if after all that has happened in the last 15 years, if people still admire Fianna Failish cute hooers who love to pull a fast one over the rest of us, and have absolutely notion of civil responsibility, there’s no point trying to get through their thick skulls.
If he is part of the kleptocracy then that would be different but I don’t see any evidence that his wealth was handed to him
If civic responsibility means having more than half of what you make confiscated by the government to keep a lot of pen-pushing civil servants employed doing nothing, then I’m civically irresponsible.
Look, I don’t know the man (and neither do you I assume) but what evidence is there that he got where he is by pulling a fast one over the rest of us? I have no love for the gombeen man either, but I’m not sure he falls in to that category. You can’t automatically assume every succesful person got there through gombeenism.
He’s pulling a fast one over of us by not paying any fucking tax.
Or are you saying that when he comes into the country, he miraculously manages to avoid using any of the services or infrastructure that the rest of us fund for him through our taxes? For example, rather than using roads, perhaps he’s using a flying car?
If he disagrees with the laws of this country, including those related to tax, he should feel to either campaign against them like any citizen, or to emigrate.