Economics
Lorcan Allen: Despite clear risks, state must splash the cash on health and housing crises
The government has been warned not to risk economic stability by blowing tax windfalls, but some of it has to be spent
Faced with a once-in-a-century pandemic, followed by the highest level of inflation in 40 years, an energy crisis and the economic uncertainty linked to a war in Europe, Ireland’s economy has proved incredibly resilient over the past three years.
In fact, the Irish government finds itself in an extraordinary position.
The current boom in corporation tax receipts, combined with almost full employment in the country and very strong growth in income tax receipts, means the ...
