Taoiseach to signal sizeable USC cuts in next budget

The Taoiseach is expected to outline significant cuts to the Universal Social Charge in the next budget that will bring the marginal rate on middle income earners to below 50%.

Enda Kenny is making a speech at Grant Thornton this afternoon, where he will signal the budget intentions of the coalition – that cutting personal taxes will drive recovery similar to the way Ireland's corporation tax rate drove investment.