Why was Sammy Wilson not as keen as some of his unionist colleagues on the Corporation Tax deal? Richard Murphy enumerates the prime reason. Stormont would have to make up the inevitable shortfall… With the banks in regression, and killing off struggling business, no one was taking any chances:
…the last thing Northern Ireland needs to be is a tax haven. What it does require is a real debate on what its economic future should look like. And that’s the issue all its politicians have ducked whilst clinging to this bizarre life raft of an idea that has let them off the hook of responsibility for coming up with some real policy agendas.