Ireland’s top-heavy recovery

To fully understand what’s happening in this recovery, we need to look at who has benefited

Revenue figures show the total income of those liable for income tax was €77 billion in 2011

If incomes are a reliable indicator of the health the Irish economy since the financial crisis, then there has been a significant turnaround in the last five years.

However, to fully understand what’s happening in this recovery, we need to look at who has benefited.

According to figures released by the Revenue, the total income of those liable for income tax was €77 billion in 2011. By their calculations, this is expected to ...