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Finance Bill 2014

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Deputy Mary Mitchell O'Connor

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Mary Mitchell O'Connor

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Snippet Contents:

There is no denying the impact the financial crisis has had on Irish workers and families. We have slowly worked our way towards fiscal health as individuals, families and a nation. In the efforts to recover from the global financial crisis most of us were asked to shoulder a heavy burden. Many people recognise that burden as a reality in society. However, the self-employed, in particular, believe they are being asked to carry more than their share of responsibility. They are a critical component of the national economy. They take significant risks, often without a safety net. Their goal is to contribute to the economy and secure a living for themselves, their families and employees.
Budget 2015 is about building futures for families and creating jobs and the Government is doing so with gusto. However, many small business owners believe the new USC rate of 11% will put undue stress on their finances. Instead of expanding their operations, many business owners believe they will be forced to save costs wherever they can. I received a letter from a constituent who said: "I can understand imposing extra charges on people who earn more, but I think then, we should be given rights as well - and also incentives to take on more staff."