No 1% Levy on income at or below minimum wage.

Today Brian Cowen did another U turn on a Budget proposal. The 1% levy will no longer be taken from anyone whose income is at or below minimum wage levels. It is not yet clear if this is based on an hourly rate or an annual basis.
This change makes sense – but why did they even think of trying to introduce it for everyone in the first place? The electorate forgave Bertie Aherne and his “cash flow problems” – how long will it take to forget about this mess of a Budget which was rushed and badly thought out.
Education cuts will hopefully be the next U turn.
With all these changes – how will the government now make those expected savings? Maybe another Budget is needed.

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