okr said: Why would this treaty be unethical? |
Basically, for Ireland, this would pretty much silence their own voice on the counsel, not allow them to manage their own nation's finances (taxation rates and whatnot). Ireland has bloomed beautifully over the past decade, due to high increases in IT investment and technology corporation relocation. The Irish corporate taxes are very low, which brings many big companies there (Intel, Cisco, a few others). If the treaty went through, the taxation rate would be set to a rate nearly 4 times as high. This would not only hurt Ireland's job market, but also its investment. The emerald isle went through centuries of bad times, and now its finally getting strong due to its technology sector.
So, its unethical because it nearly vanquishes the Irish voice in any EU matters, and it takes sovereign power away from the Irish, something the fought for for centuries.
No, it doesn't dimish the EU. The treaty gets adjusted until they get what they want, as said before by someone else. The significane of this matter isn't as much the defeat of the treaty as it is Ireland standing up against being bullied by the rest of Europe.