Brendan Kenneally
Ceist:79 Mr. Kenneally asked the Minister for Finance the return to the Exchequer of raising the higher rate of income tax by one per cent. [17744/95]
Written Answers. - Income Tax Increase.
The full year gain to the Exchequer, estimated by reference to the income tax year 1996-97, of a one percentage point increase in the higher rate of income tax is £40.0 million.
This estimate is provisional and is likely to be reviewed.