Government urged to ease the tax burden

Ibec is calling on the Government to use the €1bn windfall from the renegotiation of the promissory note to ease the tax burden on workers.

Chief executive Danny McCoy said the economy and Irish workers are already taxed enough and there should be no further increases beyond those already announced.

Speaking in advance of the Ibec CEO conference, Mr McCoy said that while tax increases had once been necessary, the time to end them has come.