Alternative budget plans propose more tax than expected
on 10/10/2013 13:07:14
Taxing drink from the off licence, salty and sugary foods
Fianna Fáil's alternative budget is a €2.4bn correction - €100m less than what the coalition plans.
It is effectively a 50-50 tax hikes and spending cuts split - the Government will go with about two thirds spending cuts.
The party wants higher USC for high earners, a 15% levy on off-licence sales, a sugar and salt tax, a euro on a pack of cigarettes, increased betting duty and 50 cent on a bottle of wine.
On spending cuts Fianna Fáil's biggest chunk would come from public sector workers, non branded drugs and procurement savings.
Finance spokesman Michael McGrath insists it is not a case of taxing middle ireland.
"The package is balanced between the spending side and the taxation side, yes of course there are measures here that will hit people," he said
A group of independents including former Labour TDs Patrick Nulty and Tommy Broughan also laid out a budget - one totally of taxes and no spending cuts>
Deputy Nulty says that;s the only fair way.
"We have a menu of measures which focus on taxing the rich and the wealthy which will bring in conservatively €2bn a year."
Both of these alternatives are likely tol be very different to what Ministers Noonan and Howlin announce next week.