Wednesday, 28 September 2011

The Quinn Group Redux

In April last year, I ranted briefly on how perhaps the collapse of Quinn Group was down to the kind of faulty maths that would let someone overestimate the cost of dole payments for all the group's employees by a factor of three. We had to dig out the group, or the taxpayer would be hit for €3.6 million a week in dole payments. The horror.

Turns out, it would have been cheap even at that price, since the Dáil is now in the throes of bringing in legislation which will impose a €240 million euro levy on - well, taxpayers.

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