TASC has launched its proposals for Budget 2011. Entitled ‘Investing in Recovery, Jobs, Equality’, the document outlines a strategy designed to reduce the deficit while creating the conditions for sustainable growth and job creation. The full document is available here, and the Executive Summary is available here.
TASC’s has four key interlinked proposals
· Create an Economic Recovery Fund, financed from the NPRF, designed to restore economic growth and return people to employment
· Introduce new measures to increase the tax take and begin the necessary reform of our broken tax system. They include the introduction of a residential property tax and changes to tax expenditures
· Develop a multi-annual strategy designed to return the public finances to a sustainable long-term path while protecting frontline services and social transfers
· Initiate specific reforms to the budgetary process which will promote transparency and facilitate public and media analysis of budgetary strategy