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Fine Gael’s long term plan to rip off low-paid workers - Tóibín

4 February, 2016

Sinn Féin Spokesperson on Jobs, Enterprise and Innovation Peadar Tóibín TD, responding this afternoon to the launch of Fine Gael’s ‘Long Term Economic Plan’ has said their so-called plan amounts to a vow to “rip off low-paid workers”.

Deputy Tóibín said:

“Fine Gael have trumpeted their proposed abolition of the USC over the past number of weeks without at any stage clarifying where the money to do so would come from.

“We now understand that they want to widen PRSI bands and reduce the PRSI threshold to €13,000, meaning in simple terms that a worker earning under €18,304 per annum could now be worse off to the tune of €700 a year. They are shamefully targeting the lowest paid earners in society to pay for tax breaks for the super wealthy.

“Low paid workers will be better off under Sinn Féin to the tune of €2,295 a year as a result of our proposed increase in the PRSI threshold to €19,572, an increase in the minimum wage of 50c per hour, and by removing 277,000 workers from the USC net.

“That is Sinn Féin’s commitment to low paid workers and their families. Fine Gael’s plans on the other hand amount to imposing further hardship on those surviving on low incomes by ripping them off to pay for tax breaks for higher earners.”

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