The way Fianna Fail and right wing commentators speak you would swear that there wasn't a single solitary cent left in Ireland at the moment and that the poor dears are forced against their will to lay in the boot to workers and the unemployed, writes James O'Toole

Ever heard of Nicholas Ferguson? If not, you may at least be familiar with his notorious boasting. Nick is the multi-millionaire boss of private equity firm, SVG Capital, and he made the headlines when he bragged about paying only 5% tax on his obscenely huge profits while his cleaning lady hands over 21% of her meager wages to the tax man.