Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Laura Hutton/Photocall

The government has a bumper €1.4 billion to give away in the next budget

The money is to be spent on tax cuts and all sorts of other electorate-pleasing jollies.

THE GOVERNMENT’S NEXT budget, the last before the next general election to be announced in October, will contain an additional €1.4 billion in tax cuts and spending.

The coalition’s spring economic statement is due to be released tomorrow and will set out Ireland’s proposed economic direction for the next five years.

The spring statement is to be announced following a cabinet meeting, but it’s details have been learned in advance by the Irish Times.

Ireland’s economy is expected to expand at a greater rate than predicted in last October’s budget, with Gross Domestic Product (GDP - a measure of the total income generated in an economy over a period) now expected to increase by 4% this year as opposed to the just under 3% announced in the 2015 budget.

It therefore seems the last budget before the election will be the easiest on the electorate in about six years, after several particularly severe austerity-led budgets in a row.

Fine Gael Conferences Jobs minister Richard Bruton and Enda Kenny Sam Boal / Photocall Ireland Sam Boal / Photocall Ireland / Photocall Ireland

Reforms to be announced in the statement include:

  • Cuts in income tax
  • An overhaul of the taxation system for self-employed workers
  • Talks with public sector unions with a view to pay increases
  • A demand made of the banks to cut variable mortgage rates

These are all moves that are likely to go down particularly well with voters, not least the positive news for the self-employed and small businesses, an influential demographic the government is keen to stay onside with.

Ireland’s economy is going through something of a renaissance at present, with 2014 seeing our GDP increasing by 4.3%, almost four times the average for the Eurozone in the same period, and 20 times the growth seen in 2013.

Read: The Irish economy went absolutely STELLAR in 2014

Read: Could the self-employed be about to get equality on social welfare?

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
139 Comments
    Install the app to use these features.
    Mute Go On
    Favourite Go On
    Report
    Dec 2nd 2021, 7:16 AM

    Just no to this. Children are not the problem.

    188
    Install the app to use these features.
    Mute Graham Manning
    Favourite Graham Manning
    Report
    Dec 2nd 2021, 7:17 AM

    @Go On: no one said they are. Covid is the problem….along with our inept “leaders”.

    80
    Install the app to use these features.
    Mute Sam Harms
    Favourite Sam Harms
    Report
    Dec 2nd 2021, 8:05 AM

    @Go On: you’re right. Children aren’t the problem, all people are the problem which is why everyone needs to do their part to try stop it spreading, including children.

    97
    See 1 more reply ▾
    Install the app to use these features.
    Mute Paul Hedderman
    Favourite Paul Hedderman
    Report
    Dec 2nd 2021, 9:06 AM
    5
    Install the app to use these features.
    Mute Geraldine Kelly
    Favourite Geraldine Kelly
    Report
    Dec 2nd 2021, 8:18 AM

    Tips to keep children masked? A new low in “journalism “

    122
    Install the app to use these features.
    Mute 2thFairy
    Favourite 2thFairy
    Report
    Dec 2nd 2021, 8:53 AM

    @Geraldine Kelly: it’s a specific article to help the poor, poor parents amongst us who have to try and parent their children. The rest of us just tell them that it’s only a cheap, tiny piece of cloth that is painless to wear and helps to keep us safe. No drama, no negative vibe, just positive support.

    85
    Install the app to use these features.
    Mute Janey
    Favourite Janey
    Report
    Dec 2nd 2021, 9:17 AM

    @2thFairy: with all due respect it’s probably aimed at parents and specifically parents of children who avail of SLT. If neither of these relate to you kindly scroll on.

    31
    See 1 more reply ▾
    Install the app to use these features.
    Mute What's in a name?
    Favourite What's in a name?
    Report
    Dec 2nd 2021, 1:05 PM

    @2thFairy: how does a “cheap, tiny piece of cloth” keep us safe?

    6
    Install the app to use these features.
    Mute This time its personable!
    Favourite This time its personable!
    Report
    Dec 2nd 2021, 7:11 AM

    Use your hands more? So basically become a little more Italian, I got you, no problem Maldini. I’m not sure about kids looking people in the eye when talking to them though, other than to their parents or friends they tend to look anywhere but eye to eye contact, the floor or the ceiling are the favourites. Mind you I’m like that myself now when I get in trouble with herself.

    40
    Install the app to use these features.
    Mute Sam Harms
    Favourite Sam Harms
    Report
    Dec 2nd 2021, 8:11 AM

    There are actually masks you can get with a clear panel in the center where the mouth is which allows the mouth to be seen. They were designed for people who would have contact with deaf people who rely on lip reading.

    33
    Install the app to use these features.
    Mute Sohoma Roanie
    Favourite Sohoma Roanie
    Report
    Dec 2nd 2021, 7:13 AM

    KN95 or FFP2 masks form a kind of bubble over your face. They make it easier to speak and breathe. You can find them online.

    28
    Install the app to use these features.
    Mute Noel Tate
    Favourite Noel Tate
    Report
    Dec 2nd 2021, 2:58 PM

    Several principals and boards have already said they won’t be sending children who do not choose to wear masks home.

    In essence they will make it optional. Which they have not been able to do up until now as the HSE advised against under 12s wearing masks.

    One principal voiced his concern in a letter to the Times which was published today.

    https://www.irishtimes.com/opinion/letters/masks-for-primary-school-chilren-1.4744152

    13
    Install the app to use these features.
    Mute Michael Sheehan
    Favourite Michael Sheehan
    Report
    Dec 3rd 2021, 5:43 PM

    Seems to be a bit of kickback on masking young kids so the journal write an article to normalise the whole affair. Great propaganda as per usual.

    4
    Install the app to use these features.
    Mute Mick Dunne
    Favourite Mick Dunne
    Report
    Dec 2nd 2021, 2:30 PM

    I will not be taking a lecture

    3
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds