Cliff Taylor

speaker
1,379 appearances 10 recordings 2 series first heard Apr 2026 last heard 2 Sep

Cliff Taylor’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 10 in all, peaking in Jun 2026 with 3.

Appearances

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And you kind of say, well, okay, you know, some of that is vulnerable for sure, but it's not going to disappear overnight.
And, you know, maybe we should...
Well, it's very hard to balance that.
But on the other side of the equation, you know, what IFAC say is, well, you know, that may be the case.
But look, you're spending the vast bulk of this five euro in every six of the windfall anyway.
They are, yeah.
I mean, if you were to kind of- Are they going to see a return on it?
If you're trying to construct a scary movie, it would be that this hits profitability in some of these big companies over the next few years.
And because their profitability falls, they pay significantly less tax in Ireland.
I don't know how realistic that is, but the amount of investment that is going into AI, into data centres and the kind of financial engineering which is going in behind it.
Financial Times had some very interesting stuff on that.
This week, you know, the amount of financial engineering is extraordinary.
Private investment being drawn in in various ways.
You know, this isn't all relying on shareholder funds anymore.
It's relying on borrowing, which, you know, makes it
makes it a bit more fragile, I suppose, makes the whole construct a bit more fragile.
So there are certainly risks there, which people like the Fiscal Council, et cetera, have been looking at.
But how you calibrate those risks, I think, is really difficult.
And I suppose for the moment, Ireland also has to look at the opportunity, and the opportunity to boost our investment, particularly in infrastructure, is, I guess, that's the takeaway from our point of view.
We'll be...
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