Donohoe: 'Income tax hikes would undermine jobs recovery'

Finance Minister Paschal Donohoe said getting people back to work would pay for the vast majority of the additional spending incurred during the Covid-19 pandemic

Finance Minister Paschal Donohoe said getting people back to work would pay for the vast majority of the additional spending incurred during the Covid-19 pandemic. Picture: Sam Boal / RollingNews.ie

Increasing income taxes would “actually undermine” the Government’s ability to get 200,000 people off the dole, Finance Minister Paschal Donohoe has said.

In the strongest signal to date as to his tax plans in October’s budget, Mr Donohoe said getting people back to work would pay for the vast majority of the additional spending incurred during the Covid-19 pandemic.