History shows us that cutting income tax can be costly

Looking back over the decades, there are certain budgets that stand out starkly. Brian Cowen’s 2007 tax giveaway budget just before the financial crisis is one; Richie Ryan’s tax-raising budget of 1976 is another

29th September, 2019

Looking back over the decades, there are certain budgets that stand out starkly. Brian Cowen’s 2007 tax giveaway budget just before the financial crisis is one; Richie Ryan’s tax-raising budget of 1976 is another.

And even though it’s almost a century ago, folk memory lingers on within Fine Gael about Ernest Blythe’s draconian 1924 budget when he cut a shilling off the the old-age pension.

Arguably, for today’s Minister for...

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