With a hint of a smile on his face the Finance Minister Jack Chambers told lawmakers that Ireland had already collected far more corporation tax than it needs this year.

Irish government splashes the cash to keep out Sinn Féin – POLITICO

by · POLITICO

DUBLIN — Tax-rich Ireland unveiled a sweeping giveaway budget Tuesday that will put €2.2 billion into voters’ pockets — just in time for an election the government hopes will keep Sinn Féin out of power.

Finance Minister Jack Chambers used his budget speech to detail how he’ll give typical workers an extra grand to spend in coming months — and to confirm the government won’t yet spend its “transformational” €14 billion bonus from Apple.

With a hint of a smile on his face, the 33-year-old told lawmakers that Ireland had already collected far more corporation tax than it needs this year from the iPhone maker and hundreds of other U.S. multinationals based here.