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Budget

Budget 2018 is just around the corner. What kind of changes to Ireland's taxation system are coming. Social Justice Ireland analyse some of the options available.

Budget Choices 2018 outlines Social Justice Ireland's fully costed expenditure and taxation proposals to deliver an economically sound and socially fair budget.

Ireland is under-investing in key areas such as education, social housing and rural broadband. In order to deliver sustainable and inclusive growth public investment must be given priority in Budget 2018 and beyond. Most people want to see reductions in healthcare waiting lists, increases in social housing provision and reliable high-speed broadband across rural Ireland. To achieve this means there should be no net tax-cuts in Budget 2018. 

Social Justice Ireland's detailed analysis of the impact of Budget 2017 on housing is available to download below.

One hundred years after the 1916 Rising Ireland faces major choices that will shape its future for the decades ahead.  The dominant economic approaches and policies which have been favoured in recent decades in Ireland, the EU and beyond have failed to recognise the interdependent relationships between a vibrant economy, social cohesion, good governance and sustainability that must characterise any society if it is to thrive in the long run. Yet recognition of this interdependency is critically important if we are to fulfil our obligations to future generations of Irish people and to the planet on which we depend for our existence.  

Some tax proposals currently being considered by Government should be rejected because they would give far greater benefit to people earning higher incomes than to lower income employees.  While there should be no net reduction in tax in Budget 2017, a study conducted by Social Justice Ireland, published today, shows that the impact of some proposals currently being considered would be profoundly unfair because they would favour only those with higher incomes. 

An adequate investment programme focused on social housing and broadband delivery must be one of the key initiatives in Budget 2017.  Budget 2017 should introduce substantially increased investment to begin delivering sufficient social housing units to eliminate the waiting list and to frontload the rollout of the fibre infrastructure for broadband to every household and business in the State.

Budget 2016 was the fifth regressive Budget in a row. While it was not as regressive as in previous years and contained some gain for everyone, there was much more for the better off and far less for poor and vulnerable people. 

While single unemployed people will gain €95 a year, single people earning €75,000 will gain almost ten times as much i.e. €902.  In the case of couples, the unemployed will gain €157 a year while a couple with two earners on €125,000 a year will gain nine times as much i.e. an extra €1,408 a year.

Some tax proposals currently being considered by Government should be rejected because they would give far greater benefit to people earning higher incomes while giving nothing to lower income employees according to a study conducted by Social Justice Ireland.   The study shows that four of seven options to reduce income tax currently being considered would be profoundly unfair because they would favour only those with higher incomes.

This study examines 8 of the options currently being considered by Government as possible changes to income tax levels as policy reform for Budget 2016.  It examines the 8 options from the perspective of fairness.
 

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