Saturday 18 November 2017

Amid all the Budget hysteria let's not forget what's most important

ONLY four days to go to Budget 2013 and some would have us believe that the world as we know it will come to an end at around four o'clock on Wednesday.

There has been a frenzy of speculation about where the axe will fall. The insistence by Minister for Finance Michael Noonan that the measures will be "tough but fair" has been drowned out by the wilder claims about what this austerity Budget will contain.

We have a very strong idea of what is in store as B-Day approaches – spending cuts and tax increases totalling €3.5bn have to be introduced if we are to stay on the good side of our masters in the troika. This newspaper has revealed that a new property tax based on the market value of our homes is to be introduced, and child benefit is to be cut by €10 a month.

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