Taoiseach sets out election stall with tax cut pledges

Taoiseach Enda Kenny has promised more income tax cuts are on the way and the marginal rate for high earners will fall below 50% if the Government is re-elected.

Looking to next year’s budget, he pledged the Government would reduce the rate for middle-income workers in October. His comments come just a day after he told members of his own party that there would be no early general election and that the Government would see out its full term until the spring of 2016.

Addressing the American Chamber of Commerce yesterday, he referred to the recent budget, and said that tax changes were specifically targeted at low and middle-income workers who pay high tax rates at very modest income levels.