Ireland has a huge welfare dependency- and the squeezed middle has to pay for it

Online EditorArticle, Campaign, Gallery, image

By Eamon Delaney This week we saw a damning assessment by the Government itself on our massive welfare dependency in Ireland. According to the Department of Finance paper, we’ve become a welfare nation ‘overly dependent’ on state payments compared to other countries: almost every person in Ireland benefits, directly or indirectly, from some form of social welfare payment which amounts … Read More

Multinationals obscure our strong indigenous performance

Online EditorCampaign, Gallery, image, info

By Cormac Lucey A century ago, the North was the economically advanced part of the island. This helped unionism mobilise against nationalism: opposing a united Ireland didn’t just involve rejection of Rome rule; it was also a renunciation of economic backwardness. In the ensuing hundred years, and particularly over the past 30 years, the relative economic situation has completely reversed. This … Read More

Budget 2018 : ISME calls for implementation of Tax Institute findings

Online EditorCampaign, Gallery, image

ISME, the Irish SME Association today (May 31st) submitted its Pre-Budget Submission to Paschal Donohoe TD, Minister of Finance. The document outlines the Associations key priorities for Budget 2019. Ireland’s GDP is expected to grow by 4.1% in 2019, the third highest in Europe, behind Malta and Slovakia. This is tightening the labour market, pressurising wages, and rapidly increasing the … Read More

Fine Gael are doing exactly what they accused Charlie McCreevy of doing

Online EditorArticle, Campaign, Gallery, image

By Cormac Lucey The latest IMF report on the Irish economy passed by with little remark. That reflects an economy back on its own two feet and no longer dependent on external support. Nonetheless, the Washington DC-based organisation argues that the key policy challenge is to harness Ireland’s strong economic momentum to avoid a new boom-bust cycle, and to bolster … Read More

Volatile tax system drives wedge between singles and married

Online EditorCampaign, Gallery, image

  By Cormac Lucey Back in the dark and distant days of the 1980s, Ireland’s tax burden on workers was very large and was a significant impediment to employment. High income taxes were a key factor in the soaring levels of unemployment at the time. In the intervening years, thankfully, that situation has improved dramatically. A new report by the … Read More

Senate attendance farce shows our second chamber is beyond reform

Online EditorCampaign, Gallery, image

Eamon Delaney Apparently, just 13 out of our 60 Senators showed up in the Seanad last week to hear Health Minister Simon Harris speak about the appalling cervical cancer scandal. This is absolutely shocking and shows a contempt for what couldn’t be a more crucial issue, right now gripping the country. About the same derisory number of Senators attended EU Commissioner … Read More

RTE should just abandon the State crutches – and face the market

Online EditorArticle, Campaign, Gallery

Eamon Delaney Last week, it was revealed that despite all its cuts elsewhere (selling off land, and reforming its orchestras) our national broadcaster is still running its Aertel service, the antiquated tele text system which has been well overtaken by the internet and which most of us didn’t know it existed. The service costs €700,000 a year as a digital … Read More

What happens when our corporate tax regime is kicked into touch?

Online EditorCampaign, Gallery, image

By Cormac Lucey What does a sports team do if its star player gets injured and is unable to play or, even worse, is forced into retirement? The simple answer is that the coach needs to anticipate such eventualities and develop a pipeline that could replace the star. The Ireland rugby coach Joe Schmidt (pictured above) has managed two great … Read More

We still don’t know about our full tax benefits and opportunities – and should find out

Online EditorArticle, Campaign, image

By Paul Molloy Many small business owners have limited knowledge about tax. I have come across clients who have overpaid VAT for years, who are unaware of the many perfectly legitimate tax reliefs that are available to them and have limited access to this knowledge. We’re aware from the business press about how little tax Apple has paid on their … Read More