Stephen Kinsella: Beware of political parties bearing gifts

All parties insist their election promises are costed. That’s not quite the full story

"Over the next few weeks I’ll be looking in detail at all of the parties’ policies"

All elections are filled with promises. Promises to tax us less, to give us more, to reward whatever interest we think is special. Promises to do the right thing for our locality.

Post-election, these promises are, by and large, forgotten. The big ones, such as promising to cut taxes, not jack up student fees, not cut social welfare payments, and so forth, typically come back to haunt the government that breaks them. You ...