Category : Enda Kenny
This week I officially launched the Fine Gael budget calculator with Minister Simon Harris.
Cutting taxes on work is a central part of our plan to keep the recovery going.
Fine Gael in Government ditched Fianna Fail’s bailout commitment to further increase income taxes.
After Budget 2016, 700,000 people will be exempt from paying any USC and our pledge is to remove this penal tax altogether. We are also reducing the marginal rate of tax to 49.5% for all workers earning between €33,800 and €70,000.
Our budget package put about a week’s earnings on average into the pockets of low- and middle-income working families and provides people with a greater incentive to take up more work, to start a business or to take up more overtime.