Government throws a few measly crumbs while giant corporations and NAMA developers are the real winners
In a statement, Richard Boyd Barrett TD, for the People Before Profit Alliance has described today’s budget as a bag of “pre-election tricks” and “crumbs” that will “do nothing to stem the dire crises in housing and hospitals” and which “utterly fails to address the huge growth in inequality and unfairness that has resulted from seven years of austerity and regressive measures such as property and water taxes”.
Deputy Boyd Barrett said, the very small additional funding for social housing and the health service were “totally inadequate and tokenistic and would guarantee that the crisis in housing and in our hospitals would be worse again in a year’s time”.
Deputy Boyd Barrett described it as “disgraceful” that jobseekers, lone parents and carers were to see no increase in their basic weekly payments. He said it was “particularly shameful” that jobseekers under 26 were to see no increase on their half rate payment.
Deputy Boyd Barrett said “the real winners are the biggest corporations who are to be given a new tax break worth billions in the form of the new ‘knowledge box’ 6.25% corporate tax rate”, and private developers who are to be assisted by NAMA to profit from the current housing crisis.”