Green Budget plans highlights opposition tax split
The spilt between Fine Gael and its would-be partners in government deepened today with the publication of the Green party’s pre-budget submission.
The Greens remain committed to reversing the successful policy of cutting direct taxation, with a call to increase Capital taxes to 25%.
In this, the party is lining up with Labour against Fine Gael. Enda Kenny and Richard Bruton have explicitly ruled out such tax increases.
Again it is evident that the opposition parties are fundamentally split on basic issues. Any alternative government involving these three parties will be utterly unstable. Such a government would quickly jeopardise the hard won gains of the Irish people. Any confusion, or indeed complacency, in this country’s economic strategy going forward would have serious repercussions that would be felt right through all strands of the economy.
Our low tax approach has benefited everyone. Cutting taxes on incomes, enterprise and investment has provided a massive boost to prosperity.
Taking our economic progress of recent years for granted runs the serious risk of undermining that success and returning to the failed policies of the past.