Tax reform has its price

Tax reform has its price
Michael Noonan: the tax relief genie is now out of the bottle. Picture: Photocall

Relief may now be on the way for taxpayers, but someone will have to pay the price, writes Brian Keegan.

After six years of existing taxes being hiked and new taxes being introduced, Irish taxpayers are both weary and wary of budget adjustments. We have almost forgotten what any form of tax reprieve is like. Indications that the national finances are improving slightly have led to speculation that some relief is on the cards, and government sources are openly admitting that relieving measures are being considered. But we shouldn’t get too excited about the prospect. Here’s why.

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