IBEC calls for specifics on planned tax hikes

IBEC calls for specifics on planned tax hikes

Business leaders are calling on the Minister for Finance to spell out the scale of the tax increases he intends to introduce in the Budget, in order to allay public fears about massive hikes.

The employers group IBEC says the economy will not begin to recover until people have certainty about how much extra tax they are going to have to pay after December's budget.

The group's Director General Danny McCoy said the Government must give people a clear indication of the scale of cuts and tax hikes in the Budget before confidence returns to the economy.

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