Budget 2024: Leo Varadkar rules out ‘broad-based’ mortgage interest relief

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Budget 2024: Leo Varadkar rules out ‘broad-based’ mortgage interest relief
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Taoiseach says such mortgage interest relief would be ‘prohibitively expensive’ and denies he is out of touch on cost-of-living crisis

Mr Varadkar said the Government would not go down that route. “I think if we are going to do something to help people on mortgage interest, it really should focus on those who are paying the highest rates and those who might be at risk of losing their homes.”

He also hinted of a possible intervention if fuel prices at the pumps creep back close to the €2 per litre mark. “ The commission cited the ongoing high levels of pollutions in Irish rivers and lakes from agriculture run-off. Meanwhile, Mr Varadkar said he takes home €96,000 annually, after deductions, but denied suggestions he is out of touch with the impact of the cost-of-living-crisis and housing crisis for people on low to medium wages.

“I heard what Holly Cairns said, and I think actually she was referring not just to Ministers but all TDs, so, if I understood what she said correctly, then she’s saying that she feels she’s out of touch,” said Mr Varadkar.

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