Renua to woo ‘squeezed middle’ with 23 per cent flat tax and end to USC
Party pledge to scrap the hated charge, income tax on workers’ wages, employees’ PRSI, and inheritance tax
Renua Ireland has proposed a flat tax of 23 per cent to reduce tax bills for the “squeezed middle”.
The party is due to promise in its pre-budget submission tomorrow that it will scrap the universal social charge (USC), income tax on workers’ wages, employees’ PRSI, and inheritance tax.
These taxes will be replaced by a 23 per cent tax rate which will apply to all income, including social welfare payments.
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