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VIDEO: ICTU criticises reduction in the top rate of income tax

The Irish Congress of Trade Unions (ICTU) is criticising the decision to reduce the top rate of i...
Newstalk
Newstalk

17.32 15 Oct 2014


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VIDEO: ICTU criticises reducti...

VIDEO: ICTU criticises reduction in the top rate of income tax

Newstalk
Newstalk

17.32 15 Oct 2014


Share this article


The Irish Congress of Trade Unions (ICTU) is criticising the decision to reduce the top rate of income tax in the Budget.

The Finance Minister Michael Noonan announced yesterday that the level is being cut from 41% to 40%.

ICTU says the move, along with increasing the standard rate band by €1,000, is highly regressive.

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David Begg is the ICTU general-secretary.

He says its a retrograde step which means less tax to fund public services.

For anything further on the Budget, you can check out our coverage on Newstalk.com:

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Michael Noonan's speech in full

 

 Brendan Howlin's speech in full


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