Target tax breaks to wealthy, says Burton

THE GOVERNMENT must urgently address the amount of revenue it is losing through tax breaks and allowances to the wealthy, Labour’s finance spokeswoman Joan Bruton urged yesterday.

Speaking as the annual report of the comptroller and auditor general which revealed the county’s richest 400 people received over €70 million in tax breaks last year, Ms Burton challenged the Government to account for the tax breaks.

“In a climate in which many are questioning the notion of pay rises through benchmarking, we are entitled to demand that this Government shows what value for money is involved in these extraordinarily generous tax breaks.