This is going to be similar to the Kansas Experiment but a scaled up version.
Can Britain really afford to cut taxes ? It has already cut services to the bone, while running a large twin deficit.
Ireland can afford lower tax rates because its such a small country - Dublin is nothing like London and can survive on low investment, and Ireland does not have complex public health service like the NHS.
Also lower rates really doesn't mean anything if you are unable to access customers. What Brexit represents is a demand shock to British business, a kind of deflation that has caused the collapse of society in the past.
A market of 55 million people is too small for doing any serious 21st Century type globalized business.
Can Britain really afford to cut taxes ? It has already cut services to the bone, while running a large twin deficit.
Ireland can afford lower tax rates because its such a small country - Dublin is nothing like London and can survive on low investment, and Ireland does not have complex public health service like the NHS.
Also lower rates really doesn't mean anything if you are unable to access customers. What Brexit represents is a demand shock to British business, a kind of deflation that has caused the collapse of society in the past.
A market of 55 million people is too small for doing any serious 21st Century type globalized business.