What kind of recession are we having – or rather, how is it impacting on different sectors of the labour force? Some time ago we heard talk of a middle-class…
In a previous post on Progressive-Economy.ie, where I disputed the economic benefits of cutting wages, Professor Alan Mathews and Pavement Trauma questioned aspects of my analysis, raising important issues which…
I will be away from the blog for the next week. Hopefully, I'll be back in action next Thursday, the 24th. In the meantime, you might want to check out…
In European terms, local taxation in Ireland is almost non-existent. The EU-15 average local tax take is 4.9 percent of GDP; in Ireland its 0.8 percent of GNP. Even Luxembourg,…
The Government now has its bookends. On the expenditure side, the McCarthy Report; on the taxation side, the Commission Report. Now we can stack the economy between the two and…
First, the good news. The rise in unemployment is contracting. From a monthly high of 36,500 new people on the Live Register, the rise last month was a mere 4,300.…
The Commission on Taxation is about to descend upon us – six hundred pages worth, apparently. The Commission report is of a different order than the McCarthy report. The latter…
Commentary on Irish Political Economy by Michael Taft, researcher for SIPTU