COMMENT: The two billion euro question

There is not enough cash around to actually leave households feeling “better off” next year, writes Cliff Taylor.

17th June, 2014
Cliff Taylor

The shadow boxing ahead of the 2015 Budget – due to be presented in October – is already well underway.

Latest into the ring is the Irish Fiscal Advisory Council (IFAC), which has said that rather than promising tax cuts in the Budget, the government needs to follow through on the plans for a 2 billion package of tax increases and spending cuts.

This is necessary, according to IFAC, to make sure our still-dangerously high national debt...

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