The Government’s own plan is to increase budgetary reliance on windfall corporation tax receipts. Something has to give before it’s too late, its fiscal watchdog has warned.
The EU warns Irish State coffers depend on “a few individual companies”, as confirmed in new Exchequer figures for May.
The resilience of Irish SMEs to global shocks cannot be taken for granted. The glacial pace of policy responses should accelerate before a scenario reminiscent of the financial crises unfolds.
Personal taxes set at their current levels during the financial crisis are unfair – particularly when we examine what has been done with the resulting State revenues.
Thousands of new hotel rooms have entered the capital in recent years, yet occupancy rates have remained high.
The imminent opening of the luxury Sofitel hotel at Dublin Airport and the arrival of the Hoxton points to strong demand in cities, but regions are struggling to make the capital investment work for new-build hotels.
This is a case of the State using the country’s balance sheet to insulate domestic businesses from international shocks — using international money. This model, as we know, is unsustainable.
Stars such as Harry Styles are visiting fewer cities, so fans have to drum up additional money for travel and lodging, writes Elias Leight, The Wall Street Journal.
The markets are buckling up for a long-run spike in inflationary pressures. In the US, bond vigilantes have seized control of policy from the White House and the Fed.
As Ireland marched towards its modern-day confident self, a rugby club emerged into what is now MU Barnhall. For those who have been there for decades, this year’s Six Nations closed the loop.
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