Finance Minister makes promising Budget pledge after defending Ireland's most 'hated' tax | JOE.ie

  • 📰 JOEdotie
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

España Noticias Noticias

España Últimas Noticias,España Titulares

The Budget is expected to be announced in October

The latter brought up a recent opinion poll showing that the majority of people want the"hated" Universal Social Charge to be abolished. Barrett highlighted that the tax on income was brought in by the Government in 2011 during the economic crisis and was supposed to be a"temporary emergency austerity tax", adding:

"Will you listen to public opinion and abolish this hated charge for those at least earning under €100,000 to give working people a break?" "It is a more sustainable charge than those it replaced and is applied at a low rate on a wide base, which ensures that it is a stable and sustainable source of revenue for the state.

"If the USC were to be abolished, it would be necessary to generate this yield from alternative sources."Following these comments, Barrett accused McGrath of"rewriting history", reasserting:"[USC] wasn't put forward at the time on the basis of broadening tax bases or anything like it."While ordinary workers have lost out because of the USC, net household wealth in this country has dramatically increased.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 31. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Today’s summit in Paris an opportunity to reset international finance system: French Ambassador to IrelandIreland will be playing its part at summit which will see €100 billion of IMF funding allocated to poorer countries
Fuente: businessposthq - 🏆 8. / 71 Leer más »

Problems with access to finance making construction projects ‘unviable’ - SCSIReport says industry will not hit Government’s retrofitting targets without more generous grant aid
Fuente: IrishTimesBiz - 🏆 6. / 77 Leer más »