Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

The programme for Government contains a commitment to continue the phasing out of USC in the medium term and, as part of this process, to consider the removal of the PAYE tax credit for high earners to limit the benefit to them of the phasing out. This is included to ensure fairness and remove a scenario where there would be a disproportionate benefit for higher earners. Therefore, one would compensate the other, among other measures.