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

The Labour Party stood over the USC but working people hate the USC. We are not proposing that working people should not pay, as they do, the 20% tax on the first €30,000 or €40,000 of their income and then 40% over and above that but we are saying they should not pay the USC, which was an austerity tax. We are saying that getting rid of that for people earning less than €90,000 can be paid for by introducing new tax bands of 50%, 55%, 60% and 65% on earnings over €100,000 up to more than €250,000. I will not go through all the details of the bands.

I remind Deputy Burton that those were the policies of the Labour Party in the 1960s and 1970s but they have abandoned them now.

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