People in the Irish government figured they could increase tax revenue by increasing the rate at which Ireland taxes music royalty income. What do you suppose happened: Artists who had happily housed their companies in Ireland -- paying *some* taxes -- simply fled for more tax-friendly lands. In one famous example, the Rolling Stones pay 1.6% taxes on their royalty income in the Netherlands. That's a low tax rate, but provides the Netherlands more money from the Rolling Stones than what Ireland gets: nothing.
Yet this somehow doesn't keep Mick Jagger from hating the low-tax advocate George Bush.