Wednesday 26 September 2018

Exclusive: Income tax cuts and pension hikes emerge as top priorities for Budget

Taoiseach Leo Varadkar. Pic: Mark Condren
Taoiseach Leo Varadkar. Pic: Mark Condren
Niall O'Connor

Niall O'Connor

Income tax cuts for middle income earners and a hike in the old age pension have emerged as Fine Gael's top priorities ahead of the Budget, it has emerged.

The Fine Gael parliamentary party has been told that 70 per cent of party members want Taoiseach Leo Varadkar's budget to focus on the higher rate of tax.

In response to a nationwide survey, Fine Gael constituencies chose the option of increasing the point of entry into the higher rate of tax by €1000.

If adopted, people would start paying the higher rate when they earn €34,800.

Head of Research and Development Terry Murphy told TDs and senators that housing health roads and broadband were also top priorities voted upon by members.

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