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New jobs outside Dublin should have lower PRSI rates

seabhcan

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Oct 30, 2015
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[font=Verdana, Arial, Tahoma, Calibri, Geneva, sans-serif]Lots and lots of great job announcements recently, but the vast majority seem to be in the capital. How to encourage a better balance of investment across the country, and ease the strain on Dublin's housing market?[/font]

[font=Verdana, Arial, Tahoma, Calibri, Geneva, sans-serif]Employers pay 10.75% PRSI on all wages (above a certain income). The Government could easily reduce this for the first 2 years or so for new hires outside of Dublin. The benefits would be immediate - more jobs for the regions, reduced costs on the state from unemployment benefits, reduced social housing costs for Dublin, etc.[/font]

[font=Verdana, Arial, Tahoma, Calibri, Geneva, sans-serif]Thoughts?[/font]
 
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Don't agree. With cost of living in Dublin higher than rest of country argument could be made for either additional tax breaks for lower paid workers in Dublin, or for a higher FIS rate, or even a higher minimum wage in Dublin.

For the rest of the country, don't think its the cost of employing people is the issue. Water, broadband and other infrastructure issues. Maybe the IDA/EI should be giving additional funding for locaing in areas with higher unemployment?

On another note, we have a serious "County" phobia - ie if jobs are not actually in my county then its nearly seen as a negative if it happens in the neighbouring county.

I'll have to lie down, getting a serious dose of deja vu!
 
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