Highest ever tax take of €68.4bn – Exchequer returns

13 comments
  1. Sweet suffering Jaysus!! That’s fucking huge!! I remember about 2 or 3 years ago it had just crossed the €50bn mark for the first time ever, and now, after Brexit a year where non essential shops and services were closed for 4 and a half months with pubs and restaurants closed for longer and having restrictions imposed here and there without much notice we have the biggest exchequer take in history! Seems counterintuitive.

  2. Close the pubs, and the restaurants, and the cinemas, and the gyms.
    Clearly we don’t need them.
    /s /s /s

  3. The States Current Account (ignoring Capital expenditure) was actually in surplus unbelievably. Meaning we are only borrowing to fund capital projects, and our day to day expenditure is self funding.

  4. Of course it’s up, it’s due to inflation. However each euro is worth about 5% less than last year. It’s probably not any extra spending power in a real sense.

    It’s good for state finances in terms of the debt though, I’m pretty sure the plan is to inflate our way out of it.

    Unfortunately, that’s awful news for us wage slaves and people with savings. Losing purchasing power by the minute.

  5. I Wonder how big the increase was from people paying CGT. I know a lot of people invested in stocks/crypto over the Covid lockdowns and then had to pay 33% on there gains over 1k

  6. I feel so vindicated in my belief that we should raise corporate tax and lower tax middle and lower income earners. It’s sad that the tax raise had to come from pressure from the Americans, thanks joe for making our govt. do their job!

Leave a Reply