Sunday March 29, 2020

Seat-chasing politicians quick to begin offering sweeteners

Is any political party brave enough not to bribe voters with their own money?

Ian Guider

Markets Editor

19th January, 2020
Michael McGrath hinted at changes to the tax threshold. Picture: Fergal Phillips

There is nothing like an election to make politicians bring out the most irrational policies to tempt voters. Anyone who remembers 2002 might recall that Fine Gael floated the idea of compensating shareholders in Eircom for losses they suffered on their investment.

The Fianna Fáil manifestos between 1997 and 2007 also contained plenty of eye-watering tax reduction promises that were clearly unaffordable. Subsequent tax cuts and spending policies contributed to the collapse of the economy in...

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