Subscriber Only: Cliff Taylor: Where will Ireland get the cash to pay the massive Covid -19 bills?

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Cliff Taylor: Where will Ireland get the cash to pay the massive Covid -19 bills?

Staff members spray disinfectant at Wuhan Railway Station in Wuhan in China’s central Hubei province. Photograph: STR/AFP via Getty Images

Ireland, like other countries, is going to commit eye-watering amounts of money to deal with the coronavirus epidemic. The required spending could easily reach €15 billion this year alone. But where do we get the money to pay for this – and how much cash do we have in various accounts already which might help pay the bill ?The financial markets remain open and the actions by the European Central Bank last week – promising over €750 billion in bond buying – is designed to keep interest rates low.

 

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Taxpayer always owns the liability

Print it

The squeezed middle as always

Tax the high earners 😂😂😂 like always

Print it

Tax payers

Apple.

I’m hoping Apple might donate aid :) 🤞

Send the bill to China

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