Brendan Howlin: Increases in taxes not agreed on yet

Brendan Howlin: Increases in taxes not agreed on yet

One of the two ministers responsible for delivering the Budget says he hasn't yet agreed to any increases in taxes.

Brendan Howlin was responding to comments from Michael Noonan who says an increase on cigarette duty might be the only tax increase in next month's Budget.

The current state of the economy mean the government has €750m to spend in the Budget, any more will have to be matched by extra taxes.

Minister Howlin says he hasn't had any discussions about increasing taxes to allow for more spending: "Under the fiscal rules, other than the fiscal space that we’ve talked about, additional space over and above that, could be created by additional taxes and that’s a matter for debate.

"We haven’t signed off on any of these matters yet."

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