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Ireland frets about losing its ‘sacrosanct’ low-tax regime

History of high unemployment and emigration help to explain opposition to global levy

For the 16,000 residents of Leixlip, a suburb west of Dublin, economic prosperity has gone hand in hand with Ireland’s low-tax strategy since 1989, when Intel moved into town.

The US semiconductors company has since invested $15bn and created more than 5,000 direct jobs at a sprawling campus where it makes chips and develops artificial intelligence. It donates equipment to local schools and pulls out its cheque book for community groups and charities in neighbouring villages.

“If you throw a stone, it’d land on someone who has worked, or someone who currently works, at Intel,” says local councillor Bernard Caldwell. “We’re the enemy of a lot of towns and cities because of what Intel put in.”

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