Re: Just dumb
And where could those multinationals go inside EU? The standard tax rate in Ireland is still one of the lowest, and there are no many other places to go. East Europe? Far less appealing for most high-paid executive and upper level employees. which may not like to be sent to Bulgaria or the like.
Good only when you need low-paid workforce - Dell already moved its EU operations from Ireland to Poland because it was cheaper there to customize servers and PCs.
And if they move outside the EU, they lose all the advantages of having an EU headquarter - EU is still a big, rich market.