Economics
Aidan Regan: How the Fed has gone from saving Ireland to putting on the squeeze
The engine that has powered our growth model since the financial crash is slowing, and there’s little the government can do about it – but the bigger question is whether we will see a sudden, big drop in the corporate tax take
The boom in the big tech sector over the past five years, measured in terms of the skyrocketing stock market valuations of tech firms, was always too good to be true.
Ireland reaped the benefit of this buoyancy in terms of increased inward investment, job growth and lucrative income and corporate tax revenue. But as the sector slows down and adapts to a new macro-financial reality, Ireland could be in for a painful reckoning.
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