Spare a thought for poor old Ireland. Take away tax avoidance and they’ll hardly have an economy left.
More seriously, this is why the rationalisation of ‘countries wishing to strengthen their revenues’ doesn’t work. Ireland et al running these low corporate tax regimes is what has (in part) powered the recovery of their tax revenues in the years since the financial crisis. Of course, it won’t be good for them if they are subject to some form of sanction (although what that would be I don’t know), but it isn’t in their interest to shift to a higher tax regime. This is where the reality of taxation being a zero sum game played for national interests come into play; what is good for Ireland is bad for the United States, and vice versa, and there’s no getting around that.
The main issue here is that that line of thought incentivices a "race to the bottom" for the lowest tax rates possible, at the cost of everything else
