Sinn Féin PRSI proposal could double current rate paid by businesses
Party’s proposals to the Commission on Taxation and Welfare also include a third income tax rate and rises in capital gains and inheritance taxes
Sinn Féin has proposed gradually increasing employers’ PRSI to the European average, in a move that could double the current rate of social contributions paid by businesses.
The party would also implement a third income tax rate for those earning over €140,000, raise capital gains tax from 33 per cent to 40 per cent, increase inheritance tax from 33 per cent to 36 per cent, and replace property tax with a wealth tax.
The proposals ...