Vittorio Bufacchi: Perils of Ireland's dependence on multinationals for tax revenue and employment

The State needs to adopt a different economic model if it doesn't want to excel in the disastrous policy of boom-and-bust cycle
Vittorio Bufacchi: Perils of Ireland's dependence on multinationals for tax revenue and employment

The 18-to-23 age group is one of the most important but vulnerable groups in society and we must give them a worthwhile future which means a basic income for them. Picture: Denis Minihane

Ireland’s public finances are healthy, very healthy, disturbingly so. We have been there before. The risk the country is once again edging closer to the precipice must be taken seriously.

The problem is the Department of Finance’s myopic enthusiasm regarding a budget surplus of approximately €5.2bn recorded in 2022. 

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