Fine Gael USC plans tailored to suit the elite – Doherty
Sinn Féin TD and Finance Spokesperson Pearse Doherty has criticised the Government’s latest plans for USC, saying that Fine Gael and Labour would waste the opportunity to use the fiscal space to its full potential by offering more tax breaks that would benefit the wealthiest in society the most.
The Donegal TD said:
“Fine Gael wants to use half the fiscal space, more than €4 billion, to recreate a Charlie McCreevy cycle of boom and bust by undermining the tax base. The idea that you can take in more by charging less tax while maintaining spending on public services is naïve at best.
“That €4 billion should be used to take patients off trolleys and citizens off the streets and into homes. The result of abolishing USC will benefit the elites far more than the average worker.
“Someone earning €20k is €393 better off, while the Taoiseach on a salary of €183k is €12,210 better off. That fact shows clearly that Fine Gael’s priority is those who are already on high wages rather than those who are struggling most.
“The core of Fine Gael’s bid for re-election has become clear. They care only for themselves and the wealthiest in our society.
“Sinn Féin would instead take 100,000 workers out of the USC net. Anyone earning up to €19,572 would be entirely exempt from the measure. We would also scrap the regressive property and water taxes.
“Sinn Féin believes in fair taxation and investment in public services while Fine Gael believes in regressive flat taxes that discriminate against low earners while giving tax break to high earners and delivering chaos in our public services.”