Taoiseach promises tax cuts will be budget priority for ‘coping classes’

There’s good news on the way for the ‘coping classes’ next year, according to Taoiseach Enda Kenny, who promised that tax reductions for middle-income families will be a priority in Budget 2015 — depending on economic circumstances.

It’s the first time the Taoiseach has pledged relief for the so-called coping classes who have been hit by a series of tax hikes and other charges over the past five years.

“The priority will be to reduce the very high tax rates faced by families on middle incomes,” said Mr Kenny, who noted it would depend on the flexibility of the Government’s finances by next October. “The scope of any income tax reductions will not be known until much closer to the budget and they will depend upon growth rates and jobs opportunities,” he said.