New measures considered to help middle income workers

 

The Finance Minister is looking into new measures to ease the rising cost of living for middle income workers.

Currently, those earning below 36,800 euro a year pay 20 percent income tax while those over that salary are taxed at 40 percent.

The Tánaiste has asked Paschal Donohoe to consider introducing a 30 percent tax band.

Professor of Economics Stephen Kinsella says income tax bands should be in line with inflation:

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