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SINN FÉIN HAS proposed abolishing the local property tax which would cost the Exchequer €445 million, in its alternative Budget plans.
Against this, the party has proposed re-introducing a second home charge at a rate of €400 per-year which would raise €105 million.
Among other measures, the party has also proposed raising betting tax applied to customers to 3% which would raise €3 million, and a 7% special levy on incomes over €100,000 (which would raise €662 million).
The third largest party in the Dáil launched its alternative budget today, which party TDs said was on the side of “ordinary people”.
“In Budget 2018, Sinn Féin has chosen a side, the side of ordinary people,” said finance spokesperson Pearse Doherty.
Sinn Féin’s priority for Budget 2018 is to invest in public services and begin the process of solving the crises in health and housing.
Breakdown
Sinn Féin’s Budget would see increases in taxes across different levels of the economy.
Under the heading of “Paying a Fair Share”, the party proposes the 7% levy, increasing the Capital Acquisitions Tax by 3% to 6%, abolishing the Help to Buy scheme, and increasing PRSI for incomes of over €100,000.
All in all the party will raise €2 billion from tax methods. Offsetting this will be tax reductions of almost €600 million.
Some of these will include abolishing the property tax, taking workers under €20,280 out of the Universal Social Charge, increasing tax credits for the self-employed and increasing PRSI bands in line with a minimum wage increase.
Taking these into account, the party is proposing net tax increases of around €1.4 billion.
Doherty has stressed that in the current economic climate there is no room for significant tax cuts and that all resources must be directed towards addressing the crises in housing and health.
He said that Fine Gael and Fianna Fáil were engaged in “a sham fight over tax cuts that will disproportionately benefit those on higher incomes over those on lower to average incomes”.
Spending
The party has costed proposals which it said will tackle the main social issues in the country.
Among these are increases in capital investment in the housing sector, with additional social housing of 4,131 units costed at €702 million.
There would also be increased spending on a new affordable housing programme of €428 million.
There would also be increased capital investment in health of €100 million. The party said it would tackle the trolley crisis and caring for older people with 500 more hospital beds and two million additional home help hours.
The party also flagged increases of €4.50 for all working age social welfare payments, €4.50 for pensioners and €6 for people with disabilities.
You can view the full alternative Budget here
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There’s an awful lot of this happening the past week or maybe it’s just that its being reported on. Hope the staff recover soon :)
How the hell does one make a get away from the blanch centre? I have never managed to get away from it in less than twenty minutes! Hope the chap is ok
Sc um bags.
Not much use to the guys who took the cash as they will have dye packs that will explode after s couple of minutes hope it blinds the snackers!
They can change the money in the cash machines in the likes of the leisure plex. Machines can pick up on the dye.
Nope my friend its easily removed place the cash box in hot water with loads of colour catcher and bleach, dye is removed from all notes apart from fivers because they are a low quality note … I’m sure this comment will be removed but it a fact !
Was he not wearing his company issue helmet ?
That probably why his injuries arent serious..
So helmet will take full impact of axe or iron bar across the head? ?
I love the level of intelligence on many commentators.
Wish the man a speedy recovery
Where does it say “Axe” in the story?
Where did the not say axe or iron bar?. Your hardly gonna hold up a security van with a foot long floppy rubber dildo are you?
Rumour has it they don’t wear them anymore as they had issues from being blindsided when being robbed. Hope they guy is ok dangerous work for little money.
Gaurdian
I asked a relevant question, i didnt make a statement, as for the helmet, i have seen more CIT staff with no helmet carrying boxs of cash in and out of busines’s and ATM machines than i have seen with a helmet. So if he was not wearing it, and i repeat, “not wearing” it then his trip to the hospital might well have been avoided, on a seperate issue who are you to pass judgement on my level of inteligence, did you notice the question mark at the end of my original question, this indicates i was asking a question, and you dont say ” I love the level of intelligence on many commentators” the correct grammer is “I love the level of intelligence of many commentators”
Did they shout “YOU WILL NOT TAKE OUR FREEDOM!!” before or after the robbery?
Dorry John for getting your back on the level of your common sense. Which would kind of lead you to the common sense conclusion that policy would be they wear P.P.E out of secure van. Oh apologies thats personal protective equipment. Standard for health and safety reasons and regardless of rumour must be worn.
So again I say the level of intelligent input in this site is sadly lacking at times. Thank you so very much for pointing that out.
Also grammatically you will have to take that up with the lovely auto correct system designers for Samsung.
Sorry *** case in point about auto correction
Also should be *******getting your back up******
@John Meade. Grammar not grammer.
how blanch Security didn’t spot the two guys with all the cameras they have. The two men were hiding in the bushes net to that atm, when the van pulled up they go out and attacked. I am sure some people seen the guys in the bushes but didn’t think twice about them.
Yrs ago I was arriving at the centre on a bus and I seen a car parked up on the path outside the post office doors with 4 men sitting inside .. U could clearly see them dressed in black with balaclavas and a gun .. How security didn’t go to check why the car was parked up on the path that far in is strange … They need to get proper security gaurds !
guys with guns with nothing to lose, a security guard unarmed with everything to lose, they made the right choice, why would they risk their life for money thats insured
They are too busy harassing teenagers and acting like Hartman .. Wana be coppers
I didn’t mean I expectd them to approach them with guns , my point was that the security did notice them in the first place .. Which shouldn’t have been hard as we’re the car was is a footpath in from the road a bit should have been easily noticed and it wasn’t !
Just driving the 7 min drive home and saw eight “02 D” black BMWs. Wonder which one it was…
I was in the UK recently, I noticed G4S staff there wearing helmets & body armour/stab vest? I wonder why they don’t supply them for their staff here…I don’t think Dublin is any less dangerous than London? Anyway, hope the security guy has a speedy recovery. Tough job.
I was in the UK recently, I noticed that G4S staff there wear helmets & body armour/stab vests. I wonder why they don’t provide them for their staff here in Ireland? I don’t think Dublin is any less dangerous. Anyway, I hope the security guy has a speedy recovery. Tough job.
Did someone say stroked jammer?
well said Aaron
have your say