Government ‘unlikely’ to abolish USC, Murphy says
Government committed to reducing USC by €300m in budget
It will not be possible to abolish the Universal Social Charge in the lifetime of this government, junior finance minister Eoghan Murphy has said.
The government is committed to reducing USC by €300 million in the October budget for low and middle-income workers.
But Murphy said that Fine Gael will be unable to honour its main election pledge to abolish the tax altogether because he does not believe the partnership government with independents will run...
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