The Housing Bubble and the Windfall in the Tax Revenues
By Philip Lane
Tuesday, November 3rd, 2009In a new Research Technical Paper from the Central Bank, Diarmuid Addison-Smyth and Kieran McQuinn quantify the housing-related windfall revenues in stamp duty and VAT categories at a cumulative €7.5 billion (approximately) over the 2004-2008 period.