Fianna Fáil Spokesperson on Jobs Willie O’Dea has responded to Sinn Féin’s pre budget proposals following their publication earlier today, describing the document as a heady mix of hypocrisy and false accounting.
Deputy O’Dea commented, “Fianna Fáil are committed to providing solid and constructive opposition in this Dáil. This involves putting aside party politics and being open to any sensible proposals coming from any quarters. Unfortunately, the Sinn Féin pre-budget submission does not fall into this category.
“What we see instead from Sinn Féin is a heady mix of hypocrisy and false accounting. The false accounting is the more harmful element of the proposal, suggesting as it does that there is an easy way out of the economic crisis faced by the country. For example, the proposal that Ireland should introduce a 48% income tax rate may sound reasonable, but when taken in conjunction with the additional levies they suggest, would actually represent a 61% tax rate for those on €100k and 63% for those on €175k. This would take tax rates back to 1984 levels when Alan Dukes was in charge.
“Also, the document is littered with examples of new tax hikes with no reference to the real cost and additional capital spending with no reference to the substantial operational costs that this would incur. For example, the ongoing running cost requirements of the various crèches, schools, medical centres and other facilities they propose building don’t get a mention.
“In some instances, the Sinn Féin hypocrisy is quite startling. Take for example the proposal that everyone in Government and CEOs of state bodies should have their pay capped at €100k. This is good crowd pleasing stuff, but what possible value does it have when Sinn Féin in Government in the North pays its own Deputy First Minister almost €135,000 and the Sinn Féin Minister for Regional Development in the North appointed and presided over the tenure of a CEO on a package of over €290,000?
“The electorate is seeing every day that the sort of wild promises made by Fine Gael and Labour in the last Dáil and being continued by Sinn Féin today, do not amount to very much. For our part, Fianna Fáil will be bringing forward constructive and costed job creation suggestions ahead of this budget, building on our approach throughout this economic crisis.”