Budget 2018: Some mercy for the squeezed middle

Budget 2018: Some mercy for the squeezed middle

Paschal Donohoe’s tax cuts delivered a small bit of respite for the so-called coping classes

In the run-up to last Tuesday’s budget, the government had indicated that middle income earners were a priority.

The mooted tax cuts for the so-called “squeezed middle” were delivered in Budget 2018, with the benefit for most people equating to, give or take, a fiver a week.

A €750 increase in the standard rate tax band raises the point at which the higher rate of income tax kicks in from €33,800 to €34,550. Reductions, albeit...

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