The Irish state has come into some money. According to the Summer Economic Statement released today, corporation tax receipts for the first half of 2022 came in at €8.7 billion, some 53 per cent more than in 2021. The difference comes to €3 billion.  The corporation tax windfall – and an unexpectedly quick return to full employment after the pandemic – have bailed out the state. Vat is up 26 per cent on the lockdown-heavy first half of 2021, and income tax is up 17 per cent on the same period. From the perspective of 2021, and of the public finances,…

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