GOVERNMENT TAKE IN MORE TAX THAN EVER BEFORE IN 2016

The tax take for 2016 was the highest ever – with the State taking more tax than during the peak of the boom.

The state gathered nearly € 48 billion in tax last year, according to the latest Exchequer Returns – higher than the previous peak of 2007.

The State ran a deficit of just over € 1 billion euro – but the Department of Finance says it’s € 800 million better than last year’s figure.

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