Enda Kenny’s government expected to introduce first marginal giveaway budget since Ireland’s multibillion-euro bailoutThe Irish government’s improving finances occupy raised expectations that Tuesday’s 2016 budget announcement will include the first tax cuts since the 2008 financial crisis.
Given a surplus of tax revenue over public spending,Enda Kenny’s government is widely expected to introduce the first marginal giveaway budget since the crash, the recession and the previous Fianna Fáil-led administration went cap in hand to the IMF and the EU for a multibillion-euro bailout.
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Source: theguardian.com