'Putting manners' on Leo may help Fine Gael stay in power
WHILE many citizens holiday over the coming month, the bulk of the Finance and public-spending mandarins are expected to be at their desks, cooking up new tax horrors – or, dare we dream, some tax reliefs.
Yes, after eight years of retrenchment and the introduction of new taxes, there is a distinct hope that we have come to the turn on the long road of austerity. Finance Minister Michael Noonan said the earlier Budget Day of October 14 had obliged senior officials to take their family holidays in July so they could work through August preparing for the big day.
There have been signals of hope from everyone in the political system – which contrast with warnings from the EU, the IMF and the Government's own Fiscal Advisory Council. So, the public have a sense of expectation that the tax burden will be eased.