Double corporation tax

For many years economists have argued about whether Gross Domestic Product (GDP) or Gross National Product (GNP) is the better measure of the overall economic performance of a country.

Net Foreign Income (NFI) is the difference between GNP and GDP. In the case of Ireland, it reveals an alarming reality that many commentators overlook.

NFI represents the net flow of money between a given country and the rest of the world. Since 1975, NFI for Ireland has been negative.