Thursday, October 03, 2019

#IRELAND: Opposition Sinn Féin Party Proposes New Wealth Tax, €3.4 Billion In New Spending

[world politics news]


The opposition Sinn Féin Party has proposed a battery of new taxes including a wealth tax and a high income tax in its alternative budget which proposes to spend €3.4 billion more than the € 2.8 billion of the government.

In a clear signal the party is positioning itself firmly to the left, the budget  document argues for new taxes on high earners and high net worth individuals in a package that would increase revenue by €2 billion. The party’s finance spokesman, Pearse Doherty, said its budget would be balanced and "Brexit-ready."

[FULL STORY HERE]

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