Donohoe’s officials warn against new cuts to USC and income tax
Government only has an estimated €500 million for tax cuts and spending increases in the forthcoming budget
The Minister for Finance and Public Expenditure Paschal Donohoe has been warned by his officials that more income tax and USC cuts could damage the tax system.
It comes at a time when the government only has an estimated €500 million for tax cuts and spending increases in the forthcoming budget.
Donohoe has said the current tax rates on low and middle income earners are not fair or sustainable.
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