FG TDs urge Leo to slash taxes

The Irish Mail on Sunday - - NEWS - By John Dren­nan

LEO VARAD­KAR has been warned by his TDs that the party will not tol­er­ate a fail­ure to cut taxes sig­nif­i­cantly in Bud­get 2019.

Min­is­ters and TDs re­acted with un­ease to the Taoiseach say­ing this week that only a third of the ex­pected €3bn-plus fis­cal space would be avail­able for tax cuts. Fine Gael had promised be­fore the gen­eral elec­tion to abol­ish the USC and in­tro­duce tax cuts. But the party’s con­fi­dence-and-sup­ply deal with Fianna Fáil ties it to a ‘min­i­mum 2:1 in­vest­ment to tax re­duc­tion ra­tio’. Some Fine Gael TDs are now un­happy with this re­stric­tion, with one source say­ing: ‘The vot­ers want gravy and they want it now.’

De­spite the urg­ings of Fine Gael TDs, there is no in­di­ca­tion that Fianna Fáil would agree to big­ger tax cuts.

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