Taoiseach expected to reiterate Government pledges for tax cuts and welfare increases at National Economic Dialogue in Dublin
Taoiseach Simon Harris addresses the National Economic Dialogue today and is expected to reiterate Government pledges for tax cuts and welfare increases in the budget. Photograph: Paul Faith/AFP via Getty Images
Taoiseach Simon Harris will open the annual pre-budget consultation and discussion forum where he is expected to reiterate Government promises for tax cuts and welfare increases in Budget 2025. Mr McCoy said the budget should focus on strategic issues – such as increasing investment in the upskilling of workers and addressing energy costs – rather than “distributing handouts that end up spreading the pot too thinly”.
Central Bank officials said last month that big tax cuts or spending increases above the 5 per cent rule in the upcoming budget could overheat the economy. The rule limits annual increases in public spending to 5 per cent, viewed as a sustainable rate for the economy
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