You are here

Budget

Budget 2020 is the ideal time to reform how Ireland does corporate taxation. At present, too many firms get away with paying low effective rates or availing of overly generous subsidies or tax holidays. Our Budget 2020 submission, published in June, contains numerous proposals to improve matters.

Social Justice Ireland is seriously concerned that Government is not planning sufficiently for the changes that Ireland’s ageing population will bring. Over the coming decades there will be a steady increase in older people and people with disabilities accessing services. In Budget 2020, government must take steps to prepare for changes that will arise as Ireland's population profile changes.

Last week the Department of Finance noted that some of Taoiseach Varadkar’s key taxation promises could be “inequitable” and lead to increased benefits for higher earners while middle-income taxpayers lose out. In this article, we present a number of possible situations for comparison. In all cases the income tax reduction policy examined would carry a full year cost of between 1.3% and 1.5% of the total income taxation yield (€299m-€342m). Click here to see which are the fairest options for Government in Budget 2020.

While Ireland faces a number of challenges, it is important to remember that many people in the world face a far worse situation. Budget 2020 should be seen as an opportunity to build on the progress made last year in moving towards the UN-agreed target for overseas aid.

Investment in education at all levels and throughout the life cycle can deliver a more equal society and prepare citizens to participate in a democracy. Social Justice Ireland has proposed a €429m education package for Budget 2020 that includes investment in areas such as adult literacy, DEIS, skills development, and community education.

The contribution of airplane emissions to climate change is well documented. It's time the aviation industry made a contribution to society that more accurately reflects the harm it does while ultimately incentivising individuals to fly less. Click here to read how Government could raise €200m in 2020 while benefiting the environment.

As different policy priorities can be articulated for each Budget, it is useful to bring together their cumulative effect. Here, we assess the cumulative impact of changes to income taxation and welfare over the three Budgets of the current Government (Budget 2017, 2018 and 2019).

Investment in Children and Families is an essential investment in our social and human capital now and into the future. Our Budget 2020 submission contains a number of costed proposals in this area.

Government's annual budget is the best opportunity available for policymakers to begin to tackle the various crises, challenges, and infrastructural deficits faced by Ireland. To achieve the various objectives, policy over the next few years must focus on increasing Ireland’s tax-take. Ireland needs an Adequate Tax-Take. Budget 2020 is the time to take a first step.

To achieve the objectives of providing adequate and appropriate accommodation in sufficient numbers, reducing social housing waiting lists and eliminating homelessness, Government must pursue the following four proposals in Budget 2020.

Pages