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A fair Budget will help secure the recovery for all – McFadden

14th October 2014 - Fine Gael Press Office

Fine Gael TD for Longford Westmeath, Gabrielle McFadden, has today (Tuesday) said that Budget 2015 is fair, and will help to secure the recovery for all sectors of Irish society. Low and middle income earners, the housing market, tourism and families have all been helped by today’s budget, and the sacrifices made by people over the last seven years will not be wasted.

“This Government understands that a lot of people have made real sacrifices to help this country recover – we won’t waste that sacrifice. Raising the threshold for the top rate of tax to almost €34,000  will help thousands of people have a secure income, while cutting the top rate to 40% also helps to ease the burden on hard working families. Another 80,000 people have been taken out of the Universal Social Charge (USC) net – meaning this Government has removed more than 400,000 people from having to pay the charge since coming into office.