Sweeping tax cuts will not help parents struggling to afford childcare- Lynn Boylan MEP
Sinn Féin MEP Lynn Boylan has commented on a report by the ESRI conducted in the aftermath of the recent National Economic Dialogue.
Key to this report was the observation that:
It could be that women’s labour supply could be more responsive to childcare improvements as opposed to tax cuts.
Ms Boylan said:
“Kite- flying budgetary proposals will be the norm from now until October, among these are proposals to cut taxes.
“This coalition government, particularly Labour, seem to think that Irish people have short memories.
“Mindful of the next general election no doubt, the government is bombarding us with a slew of “good” news stories aimed at highlighting Ireland’s economic recovery.
“Tax cuts coupled with the ongoing lack of investment in public services does not equate to a fair recovery.
“For example, tax cuts will not lead to the provision of affordable child care, which is a barrier to wok and career advancement for a lot a working women.
“The average cost of childcare stands at €167 per week (€8,684 per annum) with prices as high as €268 per week in Dublin.
“Tax breaks will also do nothing to further the quality agenda in childcare delivery.
“The childcare crisis is a complex one which requires a complex and well thought out response, the easy, populist option of slashing taxes is not the answer.”