Brendan Burgess
Founder
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http://www.irishtimes.com/news/poli...vicing-still-weigh-heavily-on-state-1.1965128
Total national debt: €203 billion
Servicing national debt: €8 billion
Income tax receipts: €18 billion
Property Tax receipts: €438 million
Total national debt: €203 billion
Servicing national debt: €8 billion
Income tax receipts: €18 billion
Property Tax receipts: €438 million
More than €64 billion went into the banks, and only a small portion has been clawed back.
The bulk of increased borrowing, however, was taken on to meet the costs of running the State day by day.