Read my Lips…
Brian Lenihan has said at least twice already that there will be no tax increases (ie a mini budget) before the main Budget next winter.
I have not had a chance to check the archive to see when and how often.
But it looks to me, on the strength of his appearance at a Dail committee this morning, like he shaping up for a ’41 moment’.
That’s President No 41 George HW Bush who said: Read My Lips, there will be no tax increases…
Talking to the Oireachtas Finance Committee this morning, Brian Lenihan may very well have been saying what we all know already … the inevitable prospect there will be tax increases in the next Budget.
But I suspect, given all the background muttering and venting from Government sources in the past couple of days, that the Minister for Finance may be forced to move earlier with dreaded tax increases.
One point of information: we shouldn’t assume that tax increases means income tax and nothing else.