Dr Emma Howard
speaker
282 appearances
4 recordings
1 series
first heard Apr 2026
last heard 25 Aug
Dr Emma Howard’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Apr 2026 with 2.
Appearances
Today with David McCullagh · Fiscal watchdog critical of Government's budget plans · 25 Aug 2026
podcast
Uh and, you know, that's as as I said, historically speaking, uh the there have been overruns for more than the past decade, but you know, per perhaps this year will be a bit different.
Yes, and the you know the the volatility I think as you mentioned in in these corporation tax receipts has in fact only been volatile upwards to date.
So
I I think, you know, there is there is a a a perception that we have all this money, you know, why don't we spend it?
And I think that adds to the political pressure that, you know, why are we talking about moderating spending when we have vast, um, vast quantities of money coming from these foreign multinationals?
But the the key issue here is that.
uh if you look at that those corporation taxes that we're taking in they've always they've been concentrated for for quite a number of years now and and that concentration has been in the the sectors of of ICT and and pharma and that concentration it's it's getting more and more concentrated so now we're at the point where uh for twenty twenty five and twenty twenty four
about half of our corporation tax money is coming from just three firms from Eli Lilly, from Microsoft and from Apple.
Um so if you look at that revenue stream.
It's it's hugely, hugely dependent on the the the profits of those companies, on those companies continuing to process lots of activities that don't actually happen in Ireland here.
Um but actually even if you look at, for example, Eli Lilly, it's most of our revenue coming from them is actually just based on on one product, on on one um ingredient in their weight loss, GLP one drug.
Um so once that goes out of patents, for example, and you know, generic production of it, that revenue stream can disappear.
So although we're getting lots of money now, if we are spending that money and the government is planning to spend now,
uh out of eight every eight euro um that they're that we receive in corporation tax, they're planning to spend seven out of that eight euro.
So, you know, if we're spending that on things on on public services that we're going to have to continue spending into the future, even when those streams of revenue reduce or or or dry up completely.
It's completely unsustainable.
So while we can do things like, you know, use that money to plan for uh future costs like higher pensions or or decarbonisation of our economy or one-off investments, spending it on day-to-day public services or on tax cuts, which will be very difficult to reverse, is is really not a good use of those funds.
Good morning, David.
Yeah, there's a couple of things and factors that have resulted from the conflict in Iran.
And one of them is those fuel prices, as you say, because fuel itself is a direct input into the production of agricultural goods.
Showing 81–100 of 282 · page 5 of 15
← Previous
Next →