Oireachtas Joint and Select Committees
Wednesday, 6 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage
10:40 am
Aodhán Ó Ríordáin (Dublin North Central, Labour)
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I suppose what people find difficult to understand with regard to the universal social charge is that self-employed workers who earn over €100,000 pay 10%, yet those who are not self-employed do not. People find it difficult to understand the rationale behind the reluctance to equalise the payment for workers, whether self-employed or not. I understand that if the universal social charge was to be increased to 10%, it would raise €71 million. If that were to happen, there would be potential to lessen the burden on those on the lower end. I am interested, as I am sure are others, in hearing why that equalisation cannot take place. What is the rationale behind the Minister's thinking?