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Ireland’s Economic Health: Tax Revenue Surges Amid Concerns Over Sustainability

As Irish politicians engage in government formation talks, the latest financial data reveals mixed economic signals. While income tax and VAT collections increase significantly, concerns arise over reliance on corporate tax from a few multinationals, with warnings from the Department of Finance about sustainability. With U.S. President Donald Trump’s proposed tax changes and tariffs looming, Minister for Finance Jack Chambers emphasizes the need for cautious spending plans that account for potential economic risks.

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