Brian Keegan: Time to let our hair down prudently

Last week’s announcement that tax receipts are up led to comparisons with the overflowing coffers of 2006 – the harbingers of the bust. While that is unfair, we still must be cautious

6th December, 2015
Michael Noonan

After seven years of austerity budgets, which gave us cuts and tax hikes to try to reverse falling tax receipts, it seems that the economic tide is turning – just in time for the election.

Last month, the focus was on corporation tax receipts so bountiful that the chairman of the Revenue Commissioners felt obliged to write to the Minister for Finance to explain why things were so good. This month, the bounty is in...

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