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Michael McGrath, Fianna Fáil

Dail

Topic: Finance

Question from Colm Bergin
02/10/2013 - 15:06

Dear Mr. McGrath,

I was wondering if your party would hold a position on whether TD's salaries should be index linked to Government revenue i.e. if gov revenue was to increase it would lead to an increase in TD's salaries however if gov revenue fell then salaries would fall too. This could be linked to a specific revenue source e.g. income tax receipts.

This would help avoid any grand standing on the level of TD's salaries and also avoid it being used as a political football, as good returns would see rewards and poor returns would see a fall on pay.

I would be interested to know what you think
Colm Bergin

Answer from Michael McGrath

09/10/2013 - 15:10

Dear Colm,

Thank you very much for your email.

My general view on this issue is that politicians pay should be dealt with entirely independently of politics.

I think your proposal is flawed in that a government could increase its revenue by simply increasing taxation and politicians would then earn more money.

Kind regards,

Michael McGrath T.D.
Constituency Office
Main Street
Carrigaline
Co Cork

Tel no:   021 4376699
Fax no:  021 4834252
Web:      www.michaelmcgrath.ie

Fianna Fáil Spokesperson on Finance