In @ARKInvest’s view, US investments should be significant beneficiaries, thanks to dramatic deregulation and the lowest “effective” corporate tax rate in the developed world, both of which will increase the ROIC in the US relative to that elsewhere in the world.Keenan 🛡️ (@KeenanRIVALS):@CathieDWood Agreed, however, I do think the point of "where else is the money going to go" is a valid one.Most American's have no idea where to put their capital right now. ...

30 years ago, all of this was just a disused dockyard. You had rusty cranes, empty warehouses. Ireland's economy was was really struggling.There was massive unemployment. Young people were leaving in their droves to try and find jobs elsewhere. And then the government decided to take a massive gamble, which wasn't uncontroversial at the time.They slashed the corporate tax rate to 12 and a half% which is way lower than you find in other developed countries. And it worked. That tax cut along with a suite of g ...