A common refrain of economic commentary of the last few months is that Ireland is too reliant on tax receipts from a small group of global technology companies. According to the Irish Fiscal Advisory Council, just three companies were responsible for one-third of corporate tax receipts between 2017 and 2021. You don’t need an economics degree to realise that such a concentration of tax receipts from a small number of companies, particularly when they nearly all operate in a sector that is particularly prone to boom and bust cycles, is extremely risky. As a nation, we’ve been home to most…
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