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Aisling Moloney

πŸ‘€ Speaker
520 total appearances

Appearances Over Time

Podcast Appearances

And I suppose when you talk about the income tax as well, you know, the more tax breaks they give, the more they change that tax threshold band.

I'm hearing kind of from sources that they wanted to...

to change by about 2000, which wouldn't kind of be the sun, moon and the stars, but it would be a move for them.

That then, you know, does narrow the tax base when we are so reliant and there are calls for us to make sure that we diversify the tax base and that we do not rely overly on these companies, which are their corporation tax receipts to us.

They may not always be there.

You know, a shock to the sale of Monjaro, a shock to Apple or Microsoft, which are the Eli Lilly, as I mentioned, Monjaro.

If anything happens to any of those companies, you know, then Ireland's own economic picture could be dramatically changed.

And that's a worrying scenario.

Any business person would know if they were relying, you know, on anything like that, that they would have to diversify their

where they were getting their revenue from.

And I think what we have at the moment is that obviously you negotiate the budget at this time of year.

It comes in, we announce it in end of September, start of October.

And then it really hits the rubber, hits the road then in January when the effects come in.

And that's what you're seeing now is that households didn't get

or essentially around income tax so that's what Jack Chambers the Minister for Public Expenditure was saying this week that it would be personal taxation measures would be given priority in this year's budget and he said that last year's budget didn't give workers a break and the Finance Minister Simon Harris who's also the TΓ‘naiste echoed that as well saying that the income tax package would be introduced at a time of challenge so they are committing the coalition it seems to go there for people because they're feeling the sting of not going there last year

Well, budget kite flying, like it nearly seems early and earlier every year.

And then when you're at a press conference and you ask them about something, they're like, well, I'm not going to negotiate the budget with you here.