The coalition will reportedly slash Universal Social Charge in the upcoming Budget.
Cuts of 1 to 1-point-5 per cent in each of the five USC bands are predicted by the Sunday Business Post – as part of a 750 million Euro tax package.
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The majority of cuts will be directed at the 7 per cent bracket which applies to more than a million people – and nobody earning over 70-thousand will benefit more than people at the lower level.
Labour TD for Dublin Central Joe Costello says USC is a huge money earner for the exchequer
