Greece-ing up euro engine? Lorcan Roche Kelly & Ann Pettifor on Europe
In 2013, the US had the highest nominal corporate tax rate among all OECD countries. However, thanks to a the slew of industry-specific deductions, credits, and mind-numbing rules, many companies pay far less than the 35 percent tax rate. And countries like Ireland aren’t helping the problem. Erin takes a look. Lorcan Roche Kelly joins us from Ireland to talk about Europe and the eurozone. Ann Pettifor gives us her take on the international monetary regime and what she thinks about the eurozone. In today’s Big Deal, Edward Harrison and Erin talk about the new Greece in Europe’s economic engine. But is it synthetic or the real deal?
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