asked the Minister for Industry and Commerce if he is aware that the effect of the turnover tax is to increase the prices of many commodities and services by more than two and a half per cent; and whether he now realises that this method of taxation is causing widespread hardship and confusion among consumers and shopkeepers.
Ceisteanna — Questions. Oral Answers. - Turnover Tax: Increased Prices.
29.
Traders may increase some prices by more than 2½ per cent and leave other prices uncharged in order to achieve in the aggregate an increase of 2½ per cent in their turnover.
I do not accept the contention in the second part of the Deputy's question.