Echoing our own Fiscal Advisory Council, The Economist concluded that “Governments are living far beyond their means.”
Government-run uber. From the people who can’t build a coffee shop for less than six million quid. Give me strength.
Ireland collected $1.2 billion of corporate tax in July
The asylum seeker housing business laid bare. GRIPT’s Gary Kavanagh has mapped €4.3bn of State payments to private companies to provide accommodation, and related services, for asylum seekers and Ukrainians, firm by firm, name by name. https://www.youtube.com/live/eGLNYYcM6T8?si=OeHj7LZGG8jKxg3e
Don’t assume you are immune to magical thinking.
The Small Firms Association, which seeks to represent Irish small businesses, tells Gript ahead of the budget that in recent years businesses have been hit with an “avalanche of regulation”.
Credit needed
A new report has shown that Irish business insolvencies in 2023 were at their highest level in 5 years. When asked about this, Finance Minister Michael McGrath said that “some businesses which may not have been viable were sustained” during the Covid lockdown by government supports. Question by Ben Scallan. #gript
A cynic might suggest Cosgrave’s opinions can be swayed and changed based on his bottom line. But given his long record of suggesting that Irish politicians have been bought and sold by special interests, surely that would not be the case here.
If there’s been a more significant political shift in my lifetime than the left’s attitude to big corporations, I don’t know what it is.
“On average households are set to experience annual combined bills for electric and gas of €6,000 next year if the current rate of increase continues”
Is cash or card always optional?