Friday 18 August 2017

Brendan Keenan: Sacred cows on their way to milking parlour

Brendan Keenan

Brendan Keenan

EU Commissioner Olli Rehn is absolutely right. Ireland will soon no longer be a low-tax economy.

If one effect of the new budgetary surveillance is a bit of plain speaking, so much the better.

The Irish public sector accounts for about 40pc of the economy. That is fairly typical of a rich EU state, but Irish taxes are anything but typical.

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