Sunday 28 May 2017

Brendan Keenan: Post-Budget tax regime will mirror that of dreaded '80s

EVERY year, third-level students take part in a competition to write a fantasy budget. Most of them are pretty solid pieces of work, although I have a soft spot for flights of fantasy, such as taxing tweets.

All budgets are fantasies of course, except for the one which Mr Noonan will deliver next week. This month the opposition parties have been producing their fantasy wish lists. The trade unions and other groups have done the same and one has to admit that, by and large, they have tried to keep some grip on reality.

The main value of the draft budgets from Fianna Fail and Sinn Fein is not the content, but what they tell us about how those parties judge the public mood.

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