Posted March 05, 2020 06:20:36 The Irish economy is far from healthy.
The Irish economy was battered by the global financial crisis and recession, and the recovery is not progressing well.
The country’s gross domestic product shrank by 1.3 per cent last year, compared to 2.6 per cent in 2014, according to the latest figures.
In terms of total employment, the Irish economy shrank 3.5 per cent.
That compares to a 1.7 per cent increase in the UK economy.
In the eurozone, the region’s largest economy, the average employment rate is 6.1 per cent, up from 6.0 per cent at the start of the year.
This has left the Irish Government paying an average tax rate of 5.1% compared to the EU average of 4.6%.
The Irish government also says the rate of corporation tax is at its lowest level since 1991.
The tax is being paid on profits of businesses and the superannuation allowance of workers.
However, it’s not just the profits that are being taxed, and this is where things get interesting.
There is an extra tax on earnings above €200,000 per annum.
It’s not a new tax, but it has been in place since 2014.
The new tax on capital gains has been introduced to raise money for the National Health Service.
The Government has argued that this tax is needed to pay for the health service, which has had a massive shortfall since the financial crisis.
But the Irish Times found that many of the companies that pay the tax are in the hospitality sector, which is dominated by large multinationals.
Some Irish people are still paying the tax, as the amount of income tax they pay is very high compared to most other countries.