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Fine Gael playing fast and loose with our public finances - Pearse Doherty TD

18 July, 2019 - by Pearse Doherty TD

Sinn Féin Finance spokesperson Pearse Doherty TD has said that Fine Gael cannot be trusted with the public finances, and are overseeing vast waste and squander of public money to the wealthiest in society.

The Donegal TD was speaking following the publication of Tax Strategy Papers confirming that Fine Gael's pre-election tax stunt for the top fifth of earners will cost the state €2.3bn.

Teachta Doherty said:

"Recent months have shown the public that Fine Gael is not a party that can be trusted with the public finances.

"They cannot deliver core capital projects in a responsible manner, and now it is confirmed that Leo Varadkar's latest election stunt will cost the state €2.3bn.

"Indeed, Fine Gael tax policy to date is defined by staggering waste and election gimmicks like their pledge to abolish USC.

"This government has a long track record of handing out hundreds of millions every year to the wealthiest in society. 

"Under Fine Gael, banks recording billions in profits continue to enjoy a tax holiday, property investors from overseas can flog Irish property tax free, and the biggest landlord in the state doesn't pay a cent in tax on rent.

"The people of Ireland should not be made to pay for handouts to the wealthiest in society and a party that continues to play fast and loose with our public finances.

"It's time for Leo Varadkar and Paschal Donohoe to be straight with the public.

"In the midst of a no-deal Brexit, and in view of highly volatile corporate tax receipts, is the government planning on stripping a further €2.3bn out of public services to pay for their latest election stunt?"

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