State spending in Ireland is currently lower than most European countries.
The council is an independent body that advises the Government on budgetary forecasts and fiscal rules; following the publication of a Commission on Taxation and Welfare in September, the council has conducted its own assessment and concluded that current levels of taxation are not sustainable.
“We reckon that if you implemented all of those measures - we’ve had to make a lot of assumptions to do this - but we reckon if you put all that together, that would probably allow us to raise an additional 5.5% of national income,” Mr Barnes said. 2E3C44Y Elderly woman takes out a euro note from her wallet. Concept of pension payments, savings at retirement, pensioner with money
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