A video posted online by an Irish construction worker in the UK, criticising the Government’s approach to the EU Apple tax ruling, has received more than 500,000 views.
In the video, James Conway urges the Government to take the €13 billion windfall from the ruling and use it to build infrastructure and create jobs.
“Because when people are working they’re spending money in the country. How much is Apple spending? Damn all,” Mr Conway says.
Mr Conway said he made the video because it “drove me absolutely off the walls” when he read about the Government’s decision to appeal the Apple tax ruling.
By 9.30am on Thursday the video, titled “A little message from myself to the Irish Government”, had attracted 588,000 views and Mr Conway had received more than 700 messages from around the world.
Letters to the Editor
Aidan Crabtree (Western leader 13-9-16) says that wages are insufficient for most people. I agree. But there is no proper solution in forcing employers to pay more. All the costs of running a business must be recovered in the prices charged by the business. Higher costs, as in higher wages, higher overheads, etc., must be recoved in higher charges by that business, otherwise the business will go bankrupt.
The money system ought to be seen as society’s accounting system and able to be modified as factors such as labour-saving technology arise. Presently the production system staggers haphazardly along because the consuming public, which is all of us to one extent or another, have been permitted to mortgage ourselves to appalling levels. All new money presently introduced to the system only adds to debt levels. A portion of new money creations needs to be introduced directly to consumers.
Iceland and Japan have been examining this and it’s pleasant to see there is some discussion even in banking and political circles in the UK.