Dáil Éireann Debate, Wednesday - 29 June 2011
67 Deputy Pearse Doherty asked the Minister for Finance the savings that would accrue to the State from the introduction of a 45% charge levied on all public sector incomes above €100,000 per annum, with the charge being applied to every euro above the first €100,000 earned. [17678/11]
Amharc ar fhreagra68 Deputy Pearse Doherty asked the Minister for Finance the savings that would accrue to the State from the introduction of a 45% charge levied on all public sector incomes above €100,000 per annum, with the charge being applied to every euro above the first €100,000 earned. [17679/11]
Amharc ar fhreagraI propose to take Questions Nos. 67 and 68 together.
The estimated full year savings through the application of a 40% and 45% charge on all earnings above €100,000 of Public Servants would be some €105m and €120m respectively. The estimate takes account of the reductions in pay arising from the Financial Emergency Measures in the Public Interest (No. 2) Act, 2009, but does not take account of any offsetting reductions in taxes and levies. The estimate does not include staff of commercial State -sponsored bodies since the Minister for Finance is not responsible for setting the rate of pay for employees in the commercial state sector.
