Saturday 3 December 2016

If there is to be a recovery dividend, then the vicious USC is a good place to start

Published 12/08/2014 | 02:30

Finance Minister Michael Noonan says cutting the USC rates by 0.5pc and 1pc is estimated to cost €378m and €756m respectively. Photo: Tom Burke
Finance Minister Michael Noonan says cutting the USC rates by 0.5pc and 1pc is estimated to cost €378m and €756m respectively. Photo: Tom Burke

A reversal of some of the public sector pay and pension cuts is in the offing.

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The reductions to almost 300,000 public sector workers and pensioners were made under emergency legislation, and the thinking in government is that now we are emerging from the financial crisis some restoration of pay should be on the cards.

But why should public servants be the only ones to benefit?

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