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Governance and inauditability under scrutiny
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Progressivism reverts to regressivism, but mainly inertia
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There is friction in Cabinet between Minister for Finance, Paschal Donohoe who is generally reassuringly sceptical of new tax expenditures for developers and prefers targeted, time-limited or “activation” taxes; Fianna Fáil can’t help itself from championing subsidies/reliefs alongside state delivery.Meanwhile VAT on apartments is to be cut to 9% and the Help to Buy scheme extended. It’s all utterly unradical in the fact of a recognised crisis of quantity and an untold crisis of quality.
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Government will tweak
income-tax bands again
in October, but don’t
expect pole-dancing and
it will quietly take a little
back is PRSI
