Plans to 'reverse PUP cuts and double investment in housing': Sinn Féin launches alternative Budget

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Plans to 'reverse PUP cuts and double investment in housing': Sinn Féin launches alternative Budget 2021

SINN FÉIN WOULD reverse cuts to the Pandemic Unemployment Payment and double investment in housing, according to the party’s alternative Budget 2021.

Sinn Féin’s alternative budget would provide an additional €5.3 billion in current expenditure and €2.5 billion in capital expenditure. Sinn Féin would impose a “solidarity tax” of 3% on incomes above €140,000 in 2021, which would rise to 5% the following year. Tax credits would also be tapered off for incomes above €100,000, with no tax credits for people earning over €140,000.Speaking at the launch today, Doherty said the unknown impact of the Covid-19 pandemic was a “big factor” considered by Sinn Féin when devising the document.

Sinn Fein finance spokesman Pearse Doherty outside Leinster House in Dublin. Source: Niall Carson/PA Images

 

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