The Budget & The Rich

Alan Morkan
Sat, 22 Jan 2011 18:16:28 +0000
Budget 2011, Economy, National, Newspaper, Analysis

The government’s economic think-tank, the ESRI, wrote in the Irish Times in the aftermath of the budget that the measures taken over the past four years have been “strongly progressive” i.e. that they redistributed wealth from the rich to the poor. However, this is a somewhat convenient timeframe to apply and ignores the impacts of the measures announced in the 2011 budget.