Brian Keegan: Reports of the economy’s death are greatly exaggerated

Tax receipts have fallen by far less than expected, and some sectors are relatively unscathed as Covid-19 causes a very strange recession

7th June, 2020
Brian Keegan: Reports of the economy’s death are greatly exaggerated
Covid-19 has caused a very strange recession. Picture: PA

A total of €8 million is a very large, but not incomprehensible, amount of money. It's the kind of amount a lucky person could win in the national lottery. It's also the amount by which the tax receipts up to the end of May of this year fell in comparison with last year. In the context of a €21.7 billion tax take in the first five months of the year, tax receipts haven’t fallen at...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Susan O’Keeffe: Boosters and regulations our only option

Massive expansion in size of state will continue – but how will this money-printing experiment end?

Columnists Dan O'Brien 6 days ago

Nadine O’Regan: Will video kill the R&B star?

Susan O’Keeffe: Oil executives being held to public account is welcome and overdue