Cliff Taylor: Don’t believe the promises that your taxes will be cut

Any tax changes in the budget will be no more than fiddling at the edges

Henry Street: You would doubt that tax cuts are anywhere near the top of people’s priority list, much of course as we would all like to pay less. Many in the most damaged sectors are worried about their jobs.  Photograph: Dara Mac Donaill

Henry Street: You would doubt that tax cuts are anywhere near the top of people’s priority list, much of course as we would all like to pay less. Many in the most damaged sectors are worried about their jobs. Photograph: Dara Mac Donaill

Have Fine Gael Ministers playing up the prospect of tax cuts in the budget lost the plot? The party think-in featured Tánaiste Leo Varadkar, in particular, highlighting the prospect of tax cuts for middle-income earners, as well as welfare and pension hikes. It is part of a general political narrative that our national finances have escaped the pandemic unscathed – and that we can somehow go straight back to normal budgets with a few euro for everyone in the audience. Just look at the string of promises from the party think-ins (also known as photo opportunities).

You would doubt that tax cuts are anywhere near the top of people’s priority list, much of course as we would all like to pay less. Many in the most damaged sectors are worried about their jobs and there are real questions about what happens to employment when wage subsidies are wound down. Varadkar did identify these areas as needing more help and he was right on that one.

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