The chief economist to the White House says that sweeping reforms to the US corporate tax code, the largest in 31 years, will not result in an exodus of investment and jobs created by US multinationals in Ireland. The chief economist to the White House says that sweeping reforms to the US corporate tax code, the largest in 31 years, will not result in an exodus of investment and jobs created by US multinationals in Ireland. Kevin Hassett, chairman of the powerful Council of Economic Advisors (CEA), spoke to the Sunday Independent ahead of a controversial visit to Ireland in November by US President Donald Trump. US firms employ 155,000 in Ireland, with 40pc of the corporate tax take - a record €8.2bn last year - coming from just 10 firms. But he insisted that Ireland and the US will seek to maintain and deepen their economic and cultural ties.

Source: Irish Independent September 09, 2018 16:52 UTC