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Howard Lutnick: “Ireland has a 60 billion dollar surplus.”

Featuring: Howard Lutnick, Secretary of Commerce | National

Trump Commerce Secretary Howard Lutnick talks inflation, recession fears and more

Published March 11, 2025 | Video Starts at 26:34

You know what's a flag of Liberia? And you're like, like what? Because you pay no tax. So all those ships are paying no tax. It's just a tax scam. Ireland has a 60 billion dollar surplus. Ireland? Why? Because our companies drop their IP there, you know, their patents and their IP and they pay Ireland the money tax scam. How about we end the tax scam? (26:34–26:40)

CLAIM

Asserts that Ireland has a $60 billion budget surplus.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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