Waterford faces an economic Demolition Derby next year, with widespread closure of businesses starved of trade by tax ‘hits’ on regular customers in the low and middle income brackets.
That’s the dire prediction of a worried public representative who fears what is ahead, ‘following on from this year’s wasteland scenario’
Outspoken Independent County Councillor Joe Conway said this week that the coming year looked certain to be the harshest yet for the local economy. “Government budgeting for the year to come indicates strongly that more and more money will be taken from the system in taxation, leading inevitably to business closures, more job losses and further depression”, he reasoned