The October budget should focus on investment and supporting those who need it - instead, a blatantly pre-election package is in the offing
Budget 2025 should focus on investment and supporting those who need it - instead, a blatantly pre-election package is in the offingThe latest report from the Fiscal Advisory Council continues its strong criticism of Government budget policy, which it says has become too loose. With a general election in the offing, it is unlikely to be heeded - its warnings might at most lead to some moderation of the planned giveaways in the package on October 1st.
Its second key point is a familiar one – the risks posed by the concentration on a few big companies for a significant part of the corporate tax take. This means, the council warns, that"the Government risks having to reverse its promises later on,” for example if there was a sudden hit to corporation tax revenues, or a reversal in the jobs market.
Eamon Ryan: If warnings about Atlantic ocean circulation are correct, Irish people could become climate migrants
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