Varadkar proposes 30% tax band to help squeezed middle-income earners

Tánaiste has warned that high levels of inflation could last for at least another two years

Tánaiste Leo Varadkar: 'Looking at the pros and cons of a middle rate tax band. Picture: Sasko Lazarov / RollingNews.ie

A new middle rate tax band has been put forward by the Tánaiste in a bid to help cushion the blow of inflation on the squeezed middle.

Leo Varadkar has warned that high levels of inflation could last for at least another two years and suggested that a third 30% rate of income tax could help middle-income earners.