Seanad debates
Wednesday, 26 November 2003
Book of Estimates 2004: Statements.
However, I would have liked the Minister of State to have had the courage to say today that he wants to lower these taxes further. What is wrong with that? The top rate of tax is now frozen in a band somewhere between 42% and 45% and it is apparently unacceptable to move beyond these parameters. It is unacceptable to decrease the rate below 42% because public service sector unions are saying they will go no further. This is not in writing, but it is the deal. It means we are seeing the end of a great crusade of reduction in taxation. Reductions in all these taxes could have been achieved if benchmarking had been suspended. The public servants, who were to benefit from it, would have had the benefit of the tax reductions themselves, in which case they would have nothing about which to bellyache.
No comments