Seanad debates

Wednesday, 4 February 2009

11:00 am

Photo of Ivana BacikIvana Bacik (Independent)

We had this debate last year when the Government proposed a 1% levy, which they were to impose equally on all up to a certain level, and it had to revise that. It saw it was profoundly inequitable to charge the same percentage levy on the lowest paid. It must do the same U-turn on the pension levy. It would be most unfair to charge people on €15,000 and €20,000 a 3% levy to pay for pensions. We need to revise this.

There is real concern among public sector workers that they are being scapegoated while they have done nothing wrong and done nothing to contribute to the dreadful state of the economy. They have not seen bankers' pay being cut. President Obama has proposed a cap on bankers' pay in the US and we need to debate a cap on bankers' earnings here in Ireland also.

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