dc.contributor.author | Roantree, Barra | |
dc.date.accessioned | 2024-04-08T16:08:20Z | |
dc.date.available | 2024-04-08T16:08:20Z | |
dc.date.created | December | en |
dc.date.issued | 2018 | |
dc.date.submitted | 2018 | en |
dc.identifier.citation | Barra Roantree, Maxime Bercholz, Karina Doorley, Claire Keane, Mark Regan, Budget 2019: tax and welfare changes, QEC Special Article, The Economic and Social Research Institute, December, 2018, 1 - 20 | en |
dc.identifier.other | Y | |
dc.identifier.uri | http://hdl.handle.net/2262/108184 | |
dc.description | PUBLISHED | en |
dc.description.abstract | In his budget delivered to the Dáil on 9 October, the Minister for Finance, Public
Expenditure and Reform announced an increase in General Government
expenditure for 2019 of €4.2 billion, an increase of 5.1 per cent from its 2018
level. This is to be financed by a small General Government deficit of €75 million.
The majority of this additional expenditure was allocated to capital investment
and public services, but the government also announced a number of changes to
the tax and social welfare system in 2019: €711 million in tax increases, €370
million in tax cuts and €362 million in increased transfers. However, this excludes
discretionary tax increases announced in the Summer Economic Statement which
are expected to raise a further €600 million.
This article describes and assesses these reforms, first looking at the main
taxation measures announced in the budget, before going on to examine the
social welfare measures. It then considers the effect of these measures as a
whole on the incomes of households using representative survey data and
SWITCH, the ESRI’s tax and benefit microsimulation model. The article concludes
with some brief reflections on some of the fiscal challenges facing the
government in the coming years. | en |
dc.format.extent | 1 | en |
dc.format.extent | 20 | en |
dc.language.iso | en | en |
dc.publisher | The Economic and Social Research Institute | en |
dc.relation.ispartofseries | QEC Special Article; | |
dc.rights | Y | en |
dc.title | Budget 2019: tax and welfare changes | en |
dc.type | Report | en |
dc.type.supercollection | scholarly_publications | en |
dc.type.supercollection | refereed_publications | en |
dc.identifier.peoplefinderurl | http://people.tcd.ie/broantre | |
dc.identifier.rssinternalid | 264794 | |
dc.identifier.doi | https://doi.org/10.26504/qec2018win_sa_roantree | |
dc.rights.ecaccessrights | openAccess | |
dc.status.publicpolicy | Y | en |
dc.subject.TCDTheme | Inclusive Society | en |
dc.identifier.orcid_id | 0000-0002-8738-8225 | |