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Tax Code

Dáil Éireann Debate, Tuesday - 26 July 2022

Tuesday, 26 July 2022

Ceisteanna (420)

Richard Boyd Barrett

Ceist:

420. Deputy Richard Boyd Barrett asked the Minister for Finance the estimated full-year revenue that would be generated by establishing four new income tax bands of 50% on earnings between €100,000 and €150,000; 55% on earnings between €150,000 and €200,000; 60% on earnings between €200,000 and €275,000 and 65% on earnings over €275,000; and if he will make a statement on the matter. [41557/22]

Amharc ar fhreagra

Freagraí scríofa

I am advised by Revenue that the estimated first and full year yield to the Exchequer of introducing the additional tax rates and tax bands as suggested by the Deputy is €1,970m and €2,505m respectively.

Barr
Roinn