Sean Whelan: The pressure is on for budget tax cuts, but why make the boom boomier when you could be saving for the inevitable rainy day?

As usual, this close to budget time there is no shortage of advice to the government about what they should do, especially about income tax.

Sean Whelan is Economics Correspondent of RTE News.

As usual, this close to budget time there is no shortage of advice to the government about what they should do, especially about income tax.

The Fiscal Advisory Council issued an unprecedented pre-budget statement calling for the government to do a €2 billion consolidation with tax rises and spending cuts and to bank any gains from economic growth. They want the government to break the boom-bust cycle that has characterised the Irish economy ...