Paschal Donohue rules out Budget tax cuts in event of no-deal Brexit

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Finance Minister Paschal Donohue rules out Budget tax cuts in event of no-deal Brexit

Paschal Donohue confirmed Ireland’s wealthiest would not benefit from his Budget next month.

The news will come as a bitter blow to Taoiseach Leo Varadkar, who has been promised to raise the higher income tax threshold.And he added any changes to the welfare model would be minimal – bad news for the poorest and mostHe said: We have a well-managed economy. Our public finances have been placed on a sustainable trajectory and economic growth is steady, robust and broadly-based.

 

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