John McGahon (Fine Gael) | Oireachtas source

Over the weekend, there was speculation in the Irish Independentafter an interview with the Minister for Finance that the Government wanted to introduce tax cuts of up to €600 over the next three years. I welcome that. I firmly believe that it is better for individuals to have money in their pockets to decide how they should spend it and ultimately inject it back into the local economy. I welcome the premise of the idea. I ask that the Government and Minister consider a marginally different approach whereby, instead of an incremental tax cut which the individual gets over 12 months, it might be better to look at a single tax rebate that could be delivered at the end of the year or in January. That is the toughest time financially for many people. If we are going to go ahead with tax cuts, absolutely, let us do so. Let us be radical about it.