A fair taxation system
Ireland has one of the most progressive taxation systems in Europe and Fianna Fáil believes that those who earn more should pay more. Fine Gael is determined to move to a US-style income tax system whereby taxes are cut for the richest in society. With rents going through the roof and other household expenses like childcare increasing, lower and middle income families are being hammered.
Fianna Fáil’s plan for a fairer taxation system
Target USC cuts to lower and middle earners
We will target any Universal Social Charge cuts at lower to middle income earners.
Increase the Home Carer Tax Credit
We will increase the home carer credit to help families tackle costs. The State needs to recognise the important work that carers provide in our society whether they are parents caring for a child or those who look after a dependent relative.
Increase child benefit
Child benefit is an integral part of any family’s household budget. We are committed to maintaining child benefit as a universal payment to all families.
Avoid significant increases in LPT bills for households
Ensure Local Property Tax does not significantly increase for households throughout the country.
Ban future private pension levies
Fine Gael shamelessly raided private pensions in 2011 and yet again in 2014. At a time when private pension coverage is only 40 per cent Fine Gael took €2 billion away from people’s pension savings. We will prevent this from reoccurring.
End Discrimination against Self-Employed in PAYE system
Increase the Earned Income Tax Credit for self-employed to match the PAYE credit. Currently there is a significant mismatch between the earned income tax credit for the self-employed and the PAYE credit for regular employees and this is unfair.