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2023-10-08 09:46:01

The European Network on Nostr: Boosted by corporate tax from overseas companies, the Irish government faces a budget ...

Boosted by corporate tax from overseas companies, the Irish government faces a budget surplus of €10bn (or 3.5% of GNI) this year and maybe €16bn the next.

Yet this bonanza puts Ireland’s finance minister, Michael McGrath, poised to unveil his annual budget, in a quandary.

What should Ireland’s government do with a huge budget surplus?

https://www.economist.com/europe/2023/10/05/what-should-irelands-government-do-with-a-huge-budget-surplus

#Ireland #Tax #Economy #Economics #Inflation #HousingCrisis #Infrastructure
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