Budget Day was initially disappointing, with red tape keeping tax measures intended to support start-ups accessible only to large corporations. But amendments to the Finance Bill show the mood music is changing.
The budget is making funding available for both short-term and long-term investments in Ireland's sustainability. Two questions help assess its promises: Is it enough? And is it fair?
It was notable that the two themes that have dominated political discourse in recent years – housing and health – were not the dominant themes in the budget. With an election on the horizon, the Government wants to focus attention elsewhere.
Simon Coveney says he wants to help build a “new economy”. What does it look like, and where does Budget 2024 fit into the plan? The Minister for Enterprise, Trade and Employment sets out his case.
Paschal Donohoe has been involved in crafting the last eight budgets. In a major interview, he addresses the risks of fuelling inflation and baking in non-core expenditure, his change of heart on mortgage interest relief and the limits to health spending.
Minister for Finance Michael McGrath has just unwrapped a €14bn budget package. In an in-depth interview, he explains the political and economic philosophies that underpin it.
We have the money to do something about infrastructure, climate change and ageing, and that much must be celebrated, even as its allocation under a coherent plan is yet to come.
People wanted short-term measures to assist with rising costs in the knowledge that the tax receipts that support them could well evaporate. And that contradiction underpinned Budget 2024.
In a perfect illustration of coalition politics, Budget 2024 allocates some windfall corporation tax to future current spending, some to the stability of capital expenditure, some to green policies - and most to an immediate giveaway.
As corporation tax receipts fall below forecasts, the largest payments yet to come this year will determine the new trend after years of runaway growth.
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