Income tax cuts best way to stimulate demand

This week, the Taoiseach told Irish business leaders that the Government is the most open administration for business in 50 years.

Some people might not regard this as a good thing, but the reality is that the only way Ireland will work its way out of its current difficulties and address issues such as personal indebtedness, poverty, and inequality is through economic growth and employment creation.

Having successful and vibrant job-creating businesses will obviously be a central part of the process. Hence, what the Taoiseach said has to be seen as a good thing, if indeed it is true.