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Budget 2015 – The more you earn, the more you gain

Budget 2015 was yet another regressive Budget where the richer sections of our society gained much more than those on low and middle incomes.

 

Here are just some examples of how Budget 2015 will operate in practice….

 

Maura compared to Laura

 

Maura

Maura is in part-time work on a salary of €9,000. Maura gains nothing from the Budget – counting water charges she will be worse off in 2015.

 

Laura

Laura is on a high salary of €125,000. Laura gains €747 from the Budget.

 

 

Evan compared to Kevin

Evan

Evan is on a salary of €17,542 (minimum wage). Evan gains €173 from the Budget tax changes – counting water charges he will be worse off in 2015.

 

Kevin

Kevin is on a salary of €250,000. Kevin gains €747 from the Budget tax changes.