Your Money In Their Hands

at

This morning/afternoon.

Parnell Square, Dublin 1

Sinn Féin spokesperson on Finance Pearse Doherty talking to the media as he published Sinn Féin’s proposals to ‘put money back in the pockets of workers and families’ including a €1.2bn pledge to exempt anyone earning under €30,000 from paying Universal Social Charge.

Via The Irish Independent:

The party is also proposing to reduce the retirement age from 66 to 65 and increase the State pension by €20.

Combined these two measures will cost over €1.1bn. Sinn Féin is also again pledging to abolish the local property tax in this general election at a cost of nearly €500m.

“That shows the quantum of money that we’re talking about putting back into people’s pockets, but there’s other measures as well,” he said.

Mr Doherty also highlighted Sinn Féiin’s plan to abolish levies on non-life insurance policies at a cost of €630m per year. The party claims this will reduce premiums by around 5pc….

‘It’s up to them to do that’ – Sinn Féin won’t ask retiring TDs to give back some of their pension pots (Independent.ie)

Leah Farrell/Rollingnews

34 thoughts on “Your Money In Their Hands

  1. A Person

    Isn’t part of the reason that this country went bust previously was that the tax band was too low, with too many people not contributing. With an ageing population to exempt everyone under €30,000 from paying USC makes no sense. Also getting rid of the property tax – surely that penalises the wealthy the most? Again SF economic policies are useless.

    1. GiggidyGoo

      Eh?
      Bad enough trying to rewrite the history of the RIC/Black and Tans, but trying to do the same with history this recent does smell of fear.

      1. A Person

        Well done Pat and Goo, pay the man not the ball (typical shinners) – why not comment on the reduced tax band, the loss of revenue if there was not LPT, the fact that services in this country need for revenue not less. Incapable of doing so, I presume.

    2. Clampers Outside

      The USC paid by those earning under €30k is likely to be not that big a tax draw for the government. I’m guessing it isn’t big due to the reduced rate on lower wages and the cut off point where those earning just over what the dole pays….

      Again, that’s a guess / first thought.
      It sounds good, but will make sfa difference to those on low wages.

  2. Rob_G

    I read the (very brief) article – it doesn’t mention which of the taxes they will raise to pay for all of the above(?)

    1. GiggidyGoo

      Might be better to ask them. They can be contacted i’m sure via their website, because if you’re depending on FGs Independent to give you the information, you’ll be waiting.

      1. Rob_G

        Well, if Pearse Doherty manages to finance that without significantly raising taxes, I would nominate him for the Nobel Prize, and begin voting SF, because he would be a genius.

      1. Caroline. No.

        Your life and that of Rob and Giggidy must be intensely unfulfilling
        Do your wives hate you all that much?

          1. Clampers Outside

            Tips for commenting on election posts – Ignore the bottom feeders who make personal attacks in the comments.

      2. GiggidyGoo

        Ha haaaa. That’s an out of date saying. They pulled up Noonan on fiscal space, FGs money tree. Try harder Cian.

  3. Rob_G

    “… abolish LPT”
    – why on earth would they get rid of one of the only wealth taxes we have; surely it would be better to keep this tax in place and use the half a billion for housing?

    1. GiggidyGoo

      Isn’t a wealth tax. Refer to Septic Phil. Supposedly to finance local services (which were paid via general taxes prior to its introduction) but was in fact given to Irish Water..

      1. Rob_G

        Of course it’s a wealth tax – it’s not a tax on consumption or production, it’s on a person’s wealth. It’s a very sensible measure that SF (and FF & FG, but you’d expect it of them) keep voting to abolish or otherwise reduce.

  4. Andrew

    I don’t understand the left’s opposition to property tax in Ireland. It really does undermine their credentials. I don’t doubt it will be popular but it does go against left wing ideology.If anything, property tax should be raised.

  5. scottser

    Can we all just agree that anything promised during an election is not worth a toss?
    3 word slogan
    Pack of lies
    Neck like a jockey’s

    1. Lilly

      Sure, but when they can’t even come up with imaginative and interesting false promises, things are bad.

  6. SB

    You’d need a lot of JCBs and a lot of ATMs to pay for all that if you’re not going to raise any taxes to do so

Comments are closed.