Oireachtas Joint and Select Committees
Thursday, 8 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Pre-Budget Submissions: Discussion with Civic Society Representatives and Focus Groups
2:10 pm
Mr. Paul Sweeney:
Deputy McDonald asked about the wealth tax. We have suggested a 1% on wealth over €2 million, including one's personal home when it is worth over €1 million. If it is worth €1.1 million, one only pays on €100,000. There are wealth taxes in other countries and we had one here before.
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