Monday August 3, 2020

5 worst budget blunders

The most memorable banana skins from the Department of Finance

11th October, 2016
6
Garret FitzGerald faced ccusations of elitism in 1982's Budget. Pic: RollingNews.ie

1) Tax individualisation to get women into workforce provokes backlash

Increasing the tax penalty on single income married couples was described as an attack on the family unit by outraged protestors.

The policy of individualisation led to significant transfers from single income families to so-called "dinkys" - double-income-no-kids family units.

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