Taoiseach hints at tax cut to help with rising cost of fuel but rules out carbon tax delay
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Taoiseach hints at tax cut to help with rising cost of fuel but rules out carbon tax delay
"The Taoiseach has strongly hinted that cuts to excise duty on fuel are being considered to help households with the soaring cost of energy as a result of the war in Iran."
"Micheál Martin ruled out delaying a planned increase in carbon tax, saying the impact of such a delay would be nowhere near the impact of cutting other levies and taxes on fuel."
Backbench politicians are growing anxious about the political repercussions of elevated petrol and diesel prices affecting households and businesses. The Taoiseach has indicated that cuts to excise duty on fuel are under consideration as a response to soaring energy costs resulting from the Iran conflict. However, amid mounting pressure on the Coalition to provide relief, Micheál Martin has explicitly rejected delaying a planned carbon tax increase, arguing that such a delay would have minimal impact compared to reducing other fuel-related levies and taxes.
Read at Independent
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