Business Post's View
Editorial: Alarm bells on economy will force difficult choices on government
Exchequer returns show a 45 per cent drop in corporation tax and a swing into deficit to the tune of €900m
There have been increasing alarm bells ringing about the headwinds the Irish economy now finds itself facing into as 2024 nears.
Friday’s exchequer returns showed a telling 45 per cent drop in corporation tax receipts in October and saw the state’s finances swing into deficit to the tune of €900m.
This compared to surplus of €7.3 billion in the same period in 2022 and the swing was driven by factors including increased current expenditure, a ...
