Economic indicators

Sir, – Eoin Burke-Kennedy writes (Business This Week, June 3rd) of booming tax receipts, yet another corporation tax windfall (77 per cent up on the corresponding period last year), income tax up 17 per cent and VAT 29 per cent ahead.

And yet, on a 12-month rolling basis, the exchequer surplus was ¤32 million, a rounding error in the national accounts.

We continue to blow it. – Yours, etc,

PAT O’BRIEN,

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Rathmines,

Dublin 6.