Cowen urged to transfer €100m credit card duty to charities

A NUMBER of Fianna Fáil backbenchers last night called on Finance Minister Brian Cowen to transfer funds raised from stamp duty on credit cards to charitable organisations.

Thirteen TDs and senators tabled a motion at the Fianna Fáil parliamentary party, last night, seeking to earmark the €100 million raised annually for Irish charities.

The proposal is the brainchild of former KPMG accountant David Burke and is endorsed by personal finance guru, Eddie Hobbs.