On Wednesday, I gave evidence to the Oireachtas Special Committee on Covid-19 Response. Along with Alan Barrett, Karina Doorley and Barra Roantree from the ESRI, I made a few points about where I see the economy going, and what I think the crisis response should be, in policy terms. You can read or watch the evidence here, and my submission, written last Friday, is here. Two things I said grabbed the headlines. First, the deficit estimate (some €30 billion), and the stimulus estimate (some €20 billion). Second, the range of tax measures that should be examined by the Commission on…

Special Six Nations offer

Become an annual member today for €200 and receive a free copy of ‘From Rags to Riches; The Irish Men’s Team in the Professional Era’ by Feargal O’Rourke

Subscribe Log in

Cancel at any time.

Are you already a member? Log in here.

What’s next for the Irish economy? Yes, we can borrow to fund the recovery, but we will also have to increase taxes

In my evidence to the Oireachtas Covid-19 committee, I explained that we must consider tax rises to bridge the €30bn deficit and fund a €20bn stimulus. In a crisis, all bets are off, and all avenues of revenue-raising should be considered.

18th Jun, 2020 - 7 min read

Stephen Kinsella

Chief Economics Writer

Special Six Nations offer

Become an annual member today for €200 and receive a free copy of ‘From Rags to Riches; The Irish Men’s Team in the Professional Era’ by Feargal O’Rourke

Special Six Nations offer

Become an annual member today for €200 and receive a free copy of ‘From Rags to Riches; The Irish Men’s Team in the Professional Era’ by Feargal O’Rourke

Sign In

Forgot your password?

Not a subscriber yet?

Create an account