Irish finance minister sets out income tax plan, would raise minimum wage


  • World
  • Sunday, 07 Feb 2016

Ireland's Finance Minister Michael Noonan attends an interview with Reuters at his office in central Dublin February 11, 2014. REUTERS/Cathal McNaughton

DUBLIN (Reuters) - Ireland's senior coalition party will ensure high earners do not make "extravagant gains" from planned income tax cuts and also raise the minimum wage by 15 percent by 2021 if re-elected, Finance Minister Michael Noonan said on Sunday.

Ireland votes on Feb. 26 in what promises to be a tight contest dominated by debate over how the resources freed up by a strong economic recovery should be spent and how or whether an unpopular additional tax levied on income, the Universal Social Charge (USC), should be unwound.

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