Monday 18 December 2017

Bruton wants tax cuts rather than let up in spending reductions

Fiach Kelly, Political Correspondent

JOBS Minister Richard Bruton has indicated he wants tax cuts in the Budget rather than any let up in spending reductions to area like welfare.

Mr Bruton again said income tax is too high and is an impediment to job creation. It comes as Fine Gael and Labour are split over the level of welfare cuts in the Budget, and how to use the extra funds available from the promissory note deal.

Mr Bruton said every minister wants different from the Budget, but he would prefer job cuts.

"Clearly from my perspective I''m Jobs Minister, I've already adverted it in the past there to the fact the very high marginal tax rates of low income is an obstacle to employment," Mr Bruton said.

"I recognise that each minister will come with sets of requirements on the Budget. It's nothing unusual to see different perspectives being presented by different ministers on the Budget."

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