Friday February 28, 2020

Stephen Kinsella: Making promises they can’t keep

Government parties are at it again – making spending pledges on uncertain growth

14th February, 2016
Enda Kenny and Joan Burton have promised to scrap USC Picture: Rollingnews

All electoral promises are fictions a party writes from a need to appeal to the classes most likely to vote for it. The electorate hates the universal social charge, because it is such a good tax. So parties are queuing up to kill it.

Even Ibec’s excellent idea to turn the USC into a pension pot has seemingly fallen on deaf ears. Yet Ireland is not a high tax economy overall; it is more accurately...

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