A few months ago I attended a briefing from the British revenue authority, HMRC, about its projected tax receipts. In one particular area of debt recovery, we were told its estimates were going to be “a tad out”. It turned out that for a revenue authority collecting almost £700 billion per annum, a “tad” meant a staggering £1 billion.
For most types of tax, the British take dwarfs the Irish tax...
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