Mary Upton (Dublin South Central, Labour)
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Question 164: To ask the Minister for Social and Family Affairs if he expects the rate of PRSI to be reduced from 4% to 2% in budget 2008 as was promised by his party earlier in 2007; and if he will make a statement on the matter. [28893/07]

Martin Cullen (Waterford, Fianna Fail)
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The Programme for Government states that 'we will abolish the PRSI ceiling for full rate payers and reduce the rate at which this tax is levied from 4% to 2% over the lifetime of the next administration. We will also reduce the rate of PRSI paid by the self employed to 2% from 3%. These moves will eliminate remaining inequality in the income tax system and enhance its progressive nature. The Social Insurance Fund will be reimbursed by the Exchequer for the cost of this reform'. Changes in PRSI contribution rates are considered in a budgetary context.