ANNYONE who argues, as the Irish Congress of Trade Unions (ICTU) does, that Ireland's low-tax regime was not a cornerstone of our recent economic success, must be living in some parallel universe. To claim that lower tax on income, capital and corporations has not greatly facilitated the rapid rate of economic growth, or indeed the huge surge in employment in this economy, is fanciful in the extreme. And yet this is what the ICTU contends in its latest document: 'Tax cuts did not create the Celtic Tiger.' In the late Eighties some 1.2 million people worked in the economy, a...