Dáil debates

Wednesday, 23 November 2022

Finance Bill 2022: Report Stage

 

4:42 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Good point, and they should possibly pay an extra levy just for that. That is certainly the logic of our proposals to redress the balance in terms of net earnings ultimately, which is what we are trying to do through a myriad of means.

I would say in response to the Minister's direct response to our proposal that in order to cover the cost of abolishing the USC, which he promised he would get rid of and he reneged on that promise - it was an austerity tax and he promised to get rid of it - as well as introducing the higher income social charge, we are also proposing to introduce additional bands of taxation for the highest earners. That would cover the cost.

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