Lucinda Creighton
Question:151 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 1% in the higher rate of tax. [9812/09]
View answerDáil Éireann Debate, Tuesday - 10 March 2009
151 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 1% in the higher rate of tax. [9812/09]
View answer152 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 2% in the higher rate of tax. [9813/09]
View answer153 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 3% in the higher rate of tax. [9814/09]
View answer154 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 4% in the higher rate of tax. [9815/09]
View answer155 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 5% in the higher rate of tax. [9816/09]
View answerI propose to take Questions Nos. 151 to 155, inclusive, together.
I am informed by the Revenue Commissioners that the full-year yield to the Exchequer, estimated by reference to 2009 incomes, of increasing the higher rate of income tax by one, two, three, four and five percentage points would be approximately €220 million, €440 million, €655 million, €875 million and €1,095 million respectively. These figures are provisional and subject to revision.
156 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 1% in the lower rate of tax. [9817/09]
View answer157 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 2% in the lower rate of tax. [9818/09]
View answer158 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 3% in the lower rate of tax. [9819/09]
View answer159 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 4% in the lower rate of tax. [9820/09]
View answer160 Deputy Lucinda Creighton asked the Minister for Finance the amount of revenue that would be generated for the Exchequer by an increase of 5% in the lower rate of tax. [9821/09]
View answerI propose to take Questions Nos. 156 to 160, inclusive, together.
I am informed by the Revenue Commissioners that the full-year yield to the Exchequer, estimated by reference to 2009 incomes, of increasing the standard rate of income tax by one, two, three, four and five percentage points would be approximately €560 million, €1,120 million, €1,680 million, €2,240 million and €2,800 million respectively. These figures are provisional and subject to revision.