In a first for Irish politics, Fine Gael and Labour have today launched a detailed, fully-costed, five-year plan on tax and jobs.
Protecting the Progress
Among the key aims of the plan are:
1) A more family-friendly Income Tax Code
2) A fairer Stamp Duty regime
3) A supportive environment for Employers and Exports
4) A Greener tax system
5) A more efficient and equitable tax system
6) An end to the waste of taxpayers money
Here are some of the proposals: (just some I've picked, not an exhaustive list)
- 2% cut in the standard rate
- Equal tax breaks for couples in a Civil Union
- Home carers credit to be increased to the same level as PAYE credit
- Indexation of the standard rate bands
- A cap on benefits from tax breaks
- A Commission on Taxation, to examine schemes on an ongoing basis
- Enhanced Oireachtas scrutiny, and lines of accountability for Ministers and Civil Servants
- Support from the National Training Agency for part-time 3rd level education
- The creation of an open-access broadband "Next Generation Network" by 2012
- Allow universities to issue bonds to finance research and infrastructure
- A Critical Infrastructure Commission, to accelerate planning of key projects
- A Consumer Charter for Utilities, and stronger powers for regulators (to end Government-led rip offs)
- 25% of red tape on small business will be slashed
- A Centre of Excellence for ressearch on Alternative Energy
- Abolition of excise on biofuels; start-up grants for biofuel plants



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