‘Tax proposals could give almost €1,000 extra to top earners’

Potential tax changes will make those on lucrative salaries almost €1,000 richer every year, while doing “nothing” for people on low incomes.

The Independent group, Social Justice Ireland, made the claim after examining suggested coalition tax band alterations put forward during the Fine Gael ard fheis.

Under the possible plans, which may play a role in next year’s budget negotiations, the Fine Gael-Labour Government has proposed widening the 20% income tax band to include more people and reducing the top level 41% tax rate to encourage more high earners to spend their money.