Ireland's finance minister on tax and upcoming cost-of-living measures

The video discusses the reliance on corporation tax and multinationals, highlighting the return of budgetary constraints and their impact on fiscal processes. It examines the developments in bond yields across Europe and Ireland, emphasizing the need for budgetary measures. The video also explores the performance of corporate tax since 2019, noting its contribution to the exchequer surplus. Despite increased tax receipts, expenditure ceilings remain unchanged, and the government is considering steps to address rising energy costs and build financial resilience.

What is the significance of the budgetary constraint mentioned in the text?

In what ways can resilience in national finances be built according to the discussion?