423. Deputy Richard Boyd Barrett asked the Minister for Finance the estimated full-year cost of abolishing the universal social charge, USC, for all earners and replacing it with a higher income social charge of 10% on all earnings over 100,000 per year; the revenue that would be generated by the introduction of this new higher income social charge; and if he will make a statement on the matter. [41573/22]

Summary

423. Deputy Richard Boyd Barrett asked the Minister for Finance the estimated full-year cost of abolishing the universal social charge, USC, for all earners and replacing it with a higher income social charge of 10% on all earnings over 100,000 per year; the revenue that would be generated by the introduction of this new higher income social charge; and if he will make a statement on the matter. [41573/22]

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