Monday 27 February 2017

Sinn Fein only offers unrealistic alternatives

The anti-jobs party's pre-Budget submission was nothing less than fantastical, with no ideas, writes Willie O'Dea

Willie O’Dea

'Its policy is to introduce a new effective rate of tax of almost 60pc on income in excess of €100,000.' Pic: Collins
'Its policy is to introduce a new effective rate of tax of almost 60pc on income in excess of €100,000.' Pic: Collins

On Tuesday, Michael Noonan will present his sixth Budget. The first five were crafted to satisfy the wants of Fine Gael's backers, with a nod to Labour. This one will be different.

For the first time a minister for finance will have to consult with - and try to include - a range of other political voices, including the Opposition. Have no doubt, it will still be a Government Budget: one that is approved by the Cabinet of Fine Gael and Independents but, hopefully, will also reflect views from outside Government ranks.

We are heading into a period of uncertainty courtesy of the UK vote to leave the EU. Britain seems to be heading for a hard Brexit when it starts Article 50 negotiations at the end of March. Brexit poses a huge threat to our economy, but it is not the only one.

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