Business Post's View

Editorial: Profligate public spending insidiously undermines public confidence

The largesse displayed at RTÉ coupled with the soaring cost of the National Children’s Hospital undermines faith in the state’s ability to manage individuals’ contributions to public life

Stephen Donnelly, the health minister, has informed his ministerial colleagues that the new National Children’s Hospital (NCH) will cost €2.4 billion — about €500 million more than the previous, already hugely bloated price tag

Central to the social contract of any state is its taxation system.

The simple understanding that underpins the smooth functioning of this transfer of privately earned income from the individual to the state is that the money contributed will be judiciously spent for the betterment of the country.

The same is true, in large part, of the payment of business rates and the collection of the TV licence fee.

If ever there was a week to ...