Pushing taxpayers to breaking point
It is imperative that the government broaden the tax base more effectively and implement a clinical reform of spending, if it - and Irish taxpayers - are to survive this recession
Two discussions of note took place in the days leading up to the budget. First, with a tax expert.
‘‘So where will he find the missing €500 million?” he asked. His point was straightforward - the muted increase in the income levies, together with increasing excise duties, PRSI contributions and the like, could get finance minister Brian Lenihan around €1.2 billion to €1.3 billion this year. But where would he get the extra €500 million...
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