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Tuesday 24 April 2018

I'll cut tax on middle incomes – Varadkar

FG contender lashes those who want 'everything for free'

Social Protection Minister Leo Varadkar Photo: Tom Burke
Social Protection Minister Leo Varadkar Photo: Tom Burke
Niall O'Connor

Niall O'Connor

Leo Varadkar is making reform of the tax system a key plank of his campaign to become the next Taoiseach.

The Fine Gael leadership frontrunner wants to lower income taxes, reform the USC and give more benefits to taxpayers.

Writing in today's Irish Independent, Mr Varadkar sets out his broad vision for the tax system. His tax plans include:

* income tax cuts to ensure we continue to attract talent;

* raising the point of entry to the higher rate of tax;

* stopping the bias against self-employed workers;

* reform PRSI and USC;

* bringing the marginal rate below 50pc;

* giving more benefits to taxpayers.

And he makes a direct pitch to taxpayers who feel they "pay for everything", while others get "everything for free".

"We have allowed society to be divided into one group of people who pay for everything but get little in return due to means-tests, and another who believe they should be entitled to everything for free and that someone else should pay for it."

Irish Independent

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