Sinn Féin is proposing €1 billion in new taxes in its alternative budget.

The party says it would scrap the 9% VAT rate on hotel beds, but keep it for bars and restaurants.

It also proposes an additional 7% in taxes on incomes over €100,000, while employers would be hit with a 15.75% PRSI rate for high-earning workers.

The party would re-introduce a second home charge and increase the betting tax to 3%.

The document also suggests increasing the excise duty on a packet of cigarettes by 50c.

It would scrap water charges and the property tax and increase spending on health, education, housing and childcare.

You can read the full document on Sinn Féin's website.

David Cullinane TD, Sinn Féin's Spokesperson for Public Expenditure and Reform, said: "We need to invest today to provide for economic and social growth tomorrow and to prepare for the challenges that Brexit will bring.

"I am proud of our alternative budget, and proud to be a member of the only party in this state that has the energy and vision to tackle head-on the structural investment issues we face today, and to begin the process of addressing pay inequality in the public sector," Deputy Cullinane added.