Is mortgage interest relief a really bad idea?
Inside Business with Ciaran Hancock
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The Troubles With the Irish Government's Budget
Finance minister Michael McRabbard is under pressure to keep a lid on spending. The government adopted in 2021 a 5% spending rule which limits the increase, the net increase in government spending to 5% each year. So they said if the government exceeds that even by a percent it's going to basically push inflation higher. And Tishukly over adka hinting cash, there's tax cuts on the horizon for the cash-strapped middle income earners. They should establish a new savings vehicle and something along the lines of a sovereign wealth fund like Norway might have put some of the excess receipts into.
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