Analysis: Irish firms could do with a little bit more help with tax

Just a few days ago the US celebrated what’s known as Tax Freedom Day. It’s promoted by a Washington DC think tank and designed to give people some practical notion of the amount of money the government takes out of the economy each year.

This year it fell on April 24, marking how long it has taken the US economy to earn enough tax to pay all its bills for 2016.

Running a similar calculation for Ireland gives what may be a surprising result.