The Labour Party annual conference has pledged to review the party's taxation policies.
The motion passed says that the core principle should be that no one earning €60,000 or less should have to pay more tax.
Instead, it proposes increases in the tax-take from high earners and capital gains to fund public services.
The conference also adopted a motion recognising the negative impact of privatisations.
Leader Pat Rabbitte earlier told the conference that the Government's management of the economy is like the Three Stooges.
He said the Taoiseach thinks he works for Bord Fáilte, the Tánaiste forgets what she said last year, and the Minister for Finance forgets that the Dáil is not in Cheltenham.
Deputy Rabbitte said Mary Harney used every opportunity to promise to tackle the insurance crisis, but had done nothing about it for the past six years while she had responsibility for the area.
He criticised Charlie McCreevy for overheating the economy in good times, and now depressing it further in the downturn, with high inflation and rising unemployment as the result.
On Northern Ireland, he strongly criticised Ian Paisley, saying it was a tragedy that with all the talk of decommissioning in recent years, it has not been possible to decommission the mindset that finds it possible to give that 'intolerant clergyman' so many thousands of votes.
Mr Rabbitte also said that people were growing weary of the endless semantics and procrastination of Republicans.
He asked why it was so difficult for the IRA to issue a simple instruction to its members that in the interests of peace and politics, no more youngsters should be shot through the knees or beaten within an inch of their lives or forced to flee their homes.
He called on both Governments to maintain progress, and in particularly called for the re-convening of the Forum for Peace and Reconciliation.
Earlier, Dublin MEP Proinsias de Rossa told the conference that what he called 'this despicable government' had betrayed the Irish people by backing George W Bush and Tony Blair's illegal war against Iraq.
Mr de Rossa, who is standing down this weekend as President of the party, said the Government was now silent about the occupation and plunder of Iraq.
