Gerald Nash (Louth, Labour) | Oireachtas source

I will put on record, and various respective think tanks have said it as well, that PRSI parameters will remain unchanged, and that will increase the PRSI burden on a full-time minimum wage worker. The threshold for those earning below €424 is not changing. There will, therefore, be an impact. More than 30% of the increase will be swallowed up because the kinds of PRSI adjustments that ought to be made are not being made. We will continue to argue for that. That is frankly an injustice given that we know the bottom two deciles will be worst affected by the impact of inflation, notwithstanding the measures that have been introduced by Government. It is important, however. When we look at budget 2023, there is a bit of sleight of hand going on. There is an effort by Government to include the one-off measures and the measures of budget 2023. It describes the budget as being ethical and progressive but when we strip away the one-off measures, that is not necessarily the case for low-paid workers.

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