"There are real vulnerabilities in our public finances"

Brendan Burgess

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53,378
Much of our CT is windfall in nature

And a lot of IT comes from these multinationals

€105.7 billion tax receipts this year.

€10 billion being transferred to future funds this year and €6 billion next year.

€23.75 billion surplus this year but deficit of €6.3 billion after windfalls

€9.75 surplus next year, €5.7 billion deficit after windfalls
 
Purple said:
Stamp Duty and building boom windfalls for?
Click to expand...
2003-2008 inclusive.

I confess I’m a pedant but a windfall by definition happens occasionally.

Taxes can be above or below their natural level due to booms and busts respectively of course.

But if a boom goes on for a decade it’s probably not a boom, at least in large part.
 
We’re speaking in the vernacular for the benefit of the riffraff.
 
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