Labour strategy to cut standard rate of tax to 18%

Labour in government would cut the standard rate of tax from 20 per cent to 18 per cent, party leader Pat Rabbitte announced last night.

10th February, 2007

Labour in government would cut the standard rate of tax from 20 per cent to 18 per cent, party leader Pat Rabbitte announced last night.

In his televised keynote address to 1,000 delegates at the Labour Party national conference at the Helix in Dublin, Rabbitte pledged a 2 per cent cut in the standard tax rate within two years of being returned to government.

He said Fianna Fail and the PDs had made a choice to cut the top...

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