Scrapping USC for those earning under €70,000 would cost exchequer €1.7bn
Donohoe argues against proposed changes to USC, noting cost to exchequer
Donohoe delays committing to vacant home tax
Measure entails significant legal and social complexities, Minister for Finance says
Plan to merge USC and PRSI will take up to five budgets, Donohoe says
Minister says working group to examine amalgamation will be set up in coming weeks
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