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Michelle Murphy

๐Ÿ‘ค Speaker
39 total appearances

Appearances Over Time

Podcast Appearances

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

Well, in a way, no, because there is a commitment in the programme for government and actually prior to the war in Iran, you know, we've been hearing things about inheritance tax and personal income taxes.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

But I suppose the concern we would have in social justice Ireland is, you know, we've had tax packages released since 2014.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

the bulk of the value has gone to higher income earners.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

But even if you just look at the last government between 2020 and 2025, there were personal income tax packages there.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

And the problem is it opened up a gap between working households, those on lower to middle income wages and those on higher wages, because obviously if you earn in around the standard threshold rate in terms of taxation, you didn't get the benefits.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

That's a huge concern to us because that gap,

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

has grown, and then also people who aren't engaged in the labour market, who are reliant on a social welfare payment, who are mainly just targeted one-off measures.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

So for us, we would argue really that looking over even the past decade, what really has those packages delivered for those people on, I suppose, middle incomes, because any sort of personal income tax package means a reduction in revenue, which means that money has to come from somewhere and

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

Either it's not going to services like education, childcare, health, disability, or you have to raise it from somewhere else.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

And I suppose it'll be interesting to see today if the minister outlines where he might see potential for revenue raising alongside with revenue reduction.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

Yes, I mean, they're poorly targeted and they're very costly.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

I think we had three sets of them before 2025 at about a cost of 1.6 billion.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

Yet those who were the numbers in energy poverty grew and the numbers in arrears grew.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

So if you are going to do something like that, you need to look at targeting it at the households who need it most.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

And I mean, we've had plenty of time now to identify those households because the universal element

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

I mean, it's a way to meet every household, but it's going to people who don't need it.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

And that's the problem.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

It's a very costly way of doing it.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

Well, in terms of those households, you can identify them and give them additional supports, for example, if they qualify for the fuel allowance.

Today with David McCullagh
Spring economic statement and how delayed carbon tax will impact you

But really, you need to look at

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