Four year plan an ideologically driven attack on low and middle income earners – Ó Snodaigh
Sinn Féin Social Protection Spokesperson Aengus Ó Snodaigh has described the Government’s four year plan as an ideologically driven attack on the unemployed, the sick, the low paid and students for the sins of the wealthy.
Speaking today after the Government published its plan Deputy Ó Snodaigh said low and middle income earners will be hit hardest by this Government egged on by the EU and the IMF.
Deputy Ó Snodaigh said:
“This Government, egged on by the EU and the IMF, are preparing to hit low and middle income earners hardest once again.
“Not only is this plan morally wrong, it is economic lunacy – nearly €14.5 billion was taken out of the economy in the past two years and the recession is worse – now they want to take out another €15 billion.
“Increasing VAT will not grow the economy, it will see people flooding across the border and kill business in this state.
“Reducing the minimum wage and social welfare will reduce disposable income and lead to decreased consumer confidence and further job losses. The Government should be concentrating on getting people into jobs in order to lessen the social welfare bill.
“Reducing the tax band to €15,000 will bring thousand of low earners into the tax net but they are not increasing the top tax rate or targeting high earners.
“Increasing student charges from €1,500 to €2,000 will exclude thousands of students from colleges – parents will be faced with choices of ‘do we pay our mortgage or do we send our children to college?’
“This is not a plan for recovery, it is an ideologically driven attack on the unemployed, the sick, the low paid and students to pay for the sins of the wealthy.” ENDS