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Economic Plan For Recovery - There Is A Better Way

Sinn Féin recognises that the unsustainable deficit in the public finances must be lowered, however unlike Fine Gael, Labour and Fianna Fáil we have consistently set out growth friendly, fair measures to make a deficit adjustment that adds up, but has the least harmful impact on families and services.

Sinn Féin’s plan is about growing the economy to a sustainable recovery, making sure the most vulnerable in society are protected, and that those who can afford to contribute the most are asked to do so.

Amongst our proposals are the introduction of a third rate of income tax of 48% on income over €100,000, the introduction of a 1% wealth tax on assets valued at over €1 million, the standardisation of all discretionary tax reliefs, the capping of public sector salaries at €100,000, increases of 10% in both Capital Gains and Capital Acquisitions taxes, and a cut in the salaries of government Ministers, TD's and Senators. We completely oppose the introduction of the property tax and water charges.

In the Six Counties, Sinn Féin wants to see the introduction fo tax varying and borrowing powers ot enable the Executive to generate income and stimulate the economy. Securing this will greatly enhance the economic outlook for all the people of Ireland, and will open up the possibility to implement a full and detailed all-Ireland economic growth plan. We are continuing to push the Britihs government to follow through on its commitment to deliver a peace dividend of £18 billion by 2018.

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View Sinn Féín's Alternative Budget 2014 in PDF Booklet format here.

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Traditionally, people tuned in to the budget announcement to hear whether the price of petrol was going up, whether drink and cigarette prices were being hiked, or whether any changes were being made to increase tax or to cut the dole.

These years the budget looms over us like the end of the...

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Across Europe countries struggling to reduce deficits and raise revenue for investment in public services and job creation are turning to wealth taxes.

France, Sweden, Norway, Finland and Iceland are just some of the countries that successfully operate wealth taxes. In France the socialist...

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Download a PDF of Sinn Féín's "Bill To Reduce Salaries Of Those In Public Service - 2012" here.

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Download a PDF of Sinn Féín's "Bill to repeal Household Charge" here.

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Share, download or read Sinn Féin's Alternative Budget 2014

Sinn Féin's response to Budget 2014