Irish Budget To Fall Back On Sin Taxes
The Irish media has reported that Charlie
McCreevy's advisers are urging the finance minister to raise taxes on
petrol, alcohol and cigarettes in the next budget. It is understood that
a meeting on the budget will take place tomorrow (Wednesday) when Taoiseach
Bertie Ahern and Mr McCreevy will discuss with Fianna Fail backbenchers
what they can expect. According to the Irish Independent, in addition
to the tax hike on petrol, alcohol and tobacco, there will be no reduction
in the 20 per cent tax or the 42 per cent tax rates, nor is there enough
money to remove all workers on £10,000 a year or less from the tax
net. Last week Fine Gael's spokesman on social
and community issues, Brian Hayes, condemned Ireland's last four budgets
as 'shameful', and accused the government of increasing the gap between
the country's rich and poor. 'Ireland is a wealthy country with one of
the worst records on poverty in the European Union,' he argued. 'Despite
the astonishing economic success of recent years, this Government has
succeeded in widening the gap between Ireland's rich and poor.' .
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