"To boost a long-suffering economy, Northern Ireland’s new government wants its corporate tax rate slashed to the 12.5% levied down south in the fast-growing Republic of Ireland. The idea has picked up momentum in recent weeks. The push for a low, island-wide business levy surfaced before Catholics and Protestants agreed to a power-sharing deal in March. Even the socialists of Sinn Fein acknowledge that tax cuts have played a major role in Ireland’s economic success and could have the same effect in the North."

— Wall Street Journal