FINE GAEL PROMISES

MALCOLM BYRNE,

MALCOLM BYRNE,

A chara, - Your edition of March 20th reports Fine Gael's promise that, if back in power, it will not increase taxes on business or capital and will stick rigidly to the current Government's commitment to set aside 1 per cent of GNP annually to pay for future pension liabilities.

Ruairi Quinn (The Irish Times, March 15th) states that Labour in power would "use the Pensions Reserve Fund to invest in public projects" and does not rule out tax increases.

The Greens, in the economic policy outlined on their website, support using tariffs, increasing certain taxes and initiating "debate with the Eurozone members to relax the conditions under which member countries can control money supply within their own jurisdiction, including sanctioning the development of local exchange trading systems".

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If Michael Noonan were to get the Blue-Red-Green coalition he seeks, which colour economic policy would that Government pursue? - Is mise,

MALCOLM BYRNE,

Ramsfort Avenue,

Gorey,

Co Wexford.