Cork City Council last night passed a Sinn Féin motion opposing taxes on families, including the proposed household charge, and calling on the government to seek alternative means of reducing the deficit.
Speaking afterwards, Cllr Chris O’Leary said:
“I welcome the council’s support for Sinn Féin’s campaign against the imposition of increased financial burdens on families. The 7% Universal Social Charge and the proposed water and household charges are flat taxes which will hit those on low incomes, the unemployed and working families hardest.”
“The household charge would be levied at exactly the same rate on every householder regardless of their income. This would place the heaviest burden on those who have the least, and be grossly unfair.”
“There are other ways of reducing the budget deficit, and Sinn Féin has repeatedly laid them out. These include:
· Increasing Capital Gains Tax from 25% to 40%, to raise €195 million
· Increasing Capitals Acquisitions Tax from 25% to 35%, to raise €110 million
· Introducing a new 48% tax on income over €100,000, which would raise €410 million
· Standardising discretionary tax reliefs, which would raise €610 million.
“These are the kind of alternative measures which the government should look to in its effort to reduce the deficit.”
For further information or comment contact Cllr Chris O’Leary @ 087-2794307
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