University of Southern California

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‘The institute believes that a broader personal tax base would make the Irish system more sustainable and would reward those who work to increase their earnings’
Low-paid workers’ exemption from tax base ‘unfair’ on middle earners

Exempting so many low-paid workers from the income tax base is placing an unfair burden on middle-income earners, the Irish Tax Institute (ITI) has sa(...)

Lego is an example of how capital in Denmark, unlike in the Republic, is rooted in locality, family and society. Photograph: iStock
Fintan O’Toole: Ireland would not be viable without 10 big US corporations

A couple of years ago, I was in a small Danish town called Tønder, which is about the size of Youghal or Thurles. It’s a pretty Hanseatic settlement i(...)

Multinationals such as Google accounted for almost half of all income tax, USC and PRSI paid by companies in 2019, as well as more than 40 per cent of VAT. Photograph: Eric Luke
Ireland’s reliance on multinationals runs way deeper than corporate tax

The anvil of Covid has fallen heavily on lower-paid workers in consumer-facing sectors. That’s the same the world over. What’s not the same the world (...)

Minister for Financ Paschal Donohoe said scrapping USC for those earning under €70,000 would cost the exchequer €1.7bn.
Scrapping USC for those earning under €70,000 would cost exchequer €1.7bn

Abolishing the Universal Social Charge (USC) for those earning less than €70,000 a year would cost the exchequer €1.7 billion annually, Minister for F(...)

Revenue’s projections show a strong recovery in the numbers of people earning in excess of €200,000, with 23,600 expected to earn between €200,000 and €275,000, and a further 23,300 earning in excess of €275,000. Photograph: PM Images/Iconica/Getty
Did the rich in Ireland get richer during the pandemic?

The pandemic may have hit everyone in a myriad of ways but global figures show that it hit the less well off considerably more than it did the wealthy(...)

The ESRI concluded the budgetary increases introduced by Minister Paschal Donohoe and Michael McGrath were ‘sufficiently large’ to offset the impact of higher prices. File Photograph: Maxwells
Budget 2022 to ‘maintain financial status quo for households’

The majority of households in the State will not see any material change in their financial circumstances as a result of Budget 2022, the Economic and(...)

Moves to ban forcing people to retire before the State pension age will be welcomed by unions, but resisted by employers. Photograph: Tom Honan
Pension pathway fraught with political risk

The guts of 100 years ago, minister for finance Ernest Blythe endured the wrath of the electorate when he cut a shilling from the old-age pension. For(...)

Competing promises on the State pension regime was a key feature of last year’s general election campaign. Photograph: iStock
Former watchdog expresses concern pensions have become ‘political football’

The former pensions ombudsman has expressed concern that pensions have become a “political football” rather than the subject of a “rational and reason(...)

Increasing the standard and higher rates of income tax by 1 percentage point would raise almost €1 billion a year, mostly from the top third of income earners, the ESRI said.
Higher taxes needed to fund future State spending, ESRI warns

Higher rates of income tax, VAT and property tax may be needed to fund future government spending, the Economic and Social Research Institute (ESRI) (...)

Sports Direct has plans to open several new Irish stores over the course of 2021 and 2022.
Sports Direct to open ‘mega store’ in Galway city centre

Sports Direct is to open a new “mega-store” at the Corrib Shopping Centre in Galway city centre later this year. The 65,000sq ft outlet comprises fou(...)

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