Michael Taft (@notesonthefront) 's Twitter Profile
Michael Taft

@notesonthefront

Commentary on Irish political economy by Michael Taft, Researcher for SIPTU

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linkhttp://www.notesonthefront.typepad.com calendar_today03-08-2009 22:05:48

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We are inundated with stories of SMEs in crisis. Yet, according to a RED C/Grid Finance suvey, only 1% of SMEs suffered a big loss last year with 72% in profit (nearly a quarter making a substantial profit). So what's the rationale for tax cuts and more corporate handouts?

We are inundated with stories of SMEs in crisis.  Yet, according to a RED C/Grid Finance suvey, only 1% of SMEs suffered a big loss last year with 72% in profit (nearly a quarter making a substantial profit).  So what's the rationale for tax cuts and more corporate handouts?