There’s also this to consider: If the 12.5% rate is not, as he claims, of vital importance to attracting multinational investment to Ireland, why haven’t we raised it to 15% ourselves, voluntarily, years ago?
If you earn €34,302 in Ireland, then every single extra euro you earn after that will be taxed at a marginal rate of 52%. Once you earn that much, the Government feels entitled to take more than half of every extra euro you earn. In the UK, a person earning £34,302stg would pay an income […]
If you’re in your late thirties, like me, then you are just about old enough to remember the evils of inflation, and the problems it wrought on the Irish economy in the late 1980s and early 1990s. As the value of money decreased, prices went up. As prices went up, the Government tried to make […]
On July 27th, just two weeks ago, the Irish Times reported that the hospitality sector, which is in the process of re-opening its doors to customers, is facing an “acute labour shortage”: Indoor service in restaurants and pubs resumed on Monday after months of closure because of Covid-19 restrictions. Industry participants said the availability of […]
Irish tech entrepeneur Declan Ganley has hit out at Ireland’s “vulnerable” cybersecurity infrastructure, and dubbed the recent HSE ransomware attack an act of terrorism. Ganley, who is a CEO of communication giant Rivada Networks, spoke frankly during an exclusive interview with Gript. “It’s been widely reported just how under-resourced the NCSC (National Cyber Security Centre) […]
In 1962, President John F Kennedy committed to “an across-the-board, top-to-bottom cut in personal and corporate income taxes.” The tax system, he argued, “exerts too heavy a drag on growth; it siphons out of the private economy too large a share of personal and business purchasing power; it reduces the financial incentives for personal effort, […]
There is good news here, and bad news. The good news is now that we are a rogue state, the chances of the Americans deciding to launch a pre-emptive strike and liberate us from the tyranny of NPHET or whoever have increased dramatically. The bad news is that it is unlikely that many serious people […]
To read the opposite side of this debate, with my colleague Niamh Uí Bhriain, click here _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ The worst kind of tax, a wise man once said, is the kind that you have to pay. For non-smokers, an extra euro on […]
Contrary to what many scholars expected back in January 2020, the Covid-19 pandemic did not become China’s Chernobyl moment. Instead, more than a year later, the world has fallen into a collective amnesia that is familiar to Chinese citizens. As Kai Strittmatter pointed out in his book We Have Been Harmonized (2020), although the Chinese government’s cover […]
The legislation which permits lockdowns was set to expire on 9th November last, but the Oireachtas extended it. It is expected the government will push for it to be extended yet again, beyond the current expiry date of 9th June. That should not happen. The legislation is Part 3 of the Health (Preservation and Protection […]
The threat that emerging infectious diseases pose to global health and the economy, trade, and tourism never ceases. Pandemics can spread rapidly around the world due to international aviation and transport. As of March 2021, a novel form of pneumonia that first emerged in Wuhan, China, at the end of 2019 and has since been […]
There was, across much of the media, and politics, widespread condemnation in recent days of the news that a global property firm, Round Hill Capital, was set to purchase most of the homes in a new 170-home development in Kildare. The frustration amongst a lot of people on hearing this news was perfectly understandable, if […]