Saturday 24 February 2018

Bruton ups pressure for tax cuts as horse-trading over Budget intensifies

Fionnan Sheahan Political Editor

JOBS Minister Richard Bruton has ratcheted up the pressure for tax cuts aimed at families on average incomes, who he describes as "the often silent majority who have gone through so much over recent years".

The Coalition is at odds over where the benefits of an easier Budget should fall.

Fine Gael's Mr Bruton and Finance Minister Michael Noonan have both opted for tax cuts. But Labour wants to see any additional resources directed towards reducing the planned cuts for next year.

Writing in today's Irish Independent, Mr Bruton says the Government is "acutely aware" of the importance of the right incentives when trying to fix the economy and get people back to work.

"If we are to create the jobs we need I believe we must as soon as possible begin to reduce the income tax burden, starting with hard-pressed families on average incomes," he said.

"These are the often silent majority who have gone through so much over recent years who, along with our economy, could really benefit from having a little extra cash put back in their pockets."

Tensions between Fine Gael and Labour are mounting already, as the Budget 2014 negotiations have kicked off at cabinet level.

Talks are heating up as the Budget will be held in October this year, two months earlier than the December date which has become traditional.

Mr Noonan has already said there now seems to be "some leeway" in planning Budget 2014.

It is the first time a finance minister has held out the promise of any ease up in austerity after six bruising budgets in a row.

Irish Independent

Promoted Links

Today's news headlines, directly to your inbox every morning.

Promoted Links

Editor's Choice

Also in Irish News