BUDGET DOES NOTHING FOR JOBS, PENALISES WORKING FAMILIES »
Responding to Budget 2013, Congress General Secretary David Begg said: “The budget could cost us up to 40,000 jobs, due to the ongoing extraction of money from the economy.
“The money taken from the pockets of working families is money that will not be spent in local shops and on local services and will cost us jobs.
“The abolition of the PRSI Allowance is particularly harsh and sees working families lose €5 per week,” Mr Begg said.
“In effect, this budget could cost working families up to €1000 per year, in terms of increased taxes and charges. What makes this particularly unfair is that families with an income of €30,000 will pay the same as those on €300,000.
“Congress believes this cut must be reversed.
“Meanwhile, business has not been asked to pay more – instead we have seen a package to tax breaks that will do nothing for domestic demand and job creation,” Mr Begg said.
He said that there was some progress on the tax treatment of unearned income, and pensions, although he described the measures as “somewhat timid.”
Mr Begg pointed out after six austerity budgets we had seen some 360,000 jobs lost, some €28 billion extracted from the economy and we have made minimal impact on the deficit.
Posted on December 5, 2012, in Government, Ireland and tagged Begg, Budget 2013, David Begg, Irish Budget, Irish Congress of Trade Unions, Irish News, Jobseeker's Allowance, Tax, United States, Working Families Party. Bookmark the permalink. Leave a comment.