Oireachtas Joint and Select Committees
Wednesday, 6 March 2013
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2013: Committee Stage
10:20 am
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
On the progressivity of income tax, the proposal made in the amendment would not yield the sums forgone. Deputy Pearse Doherty talked about Deputy Michael McGrath's amendment in respect of a new rate of income tax of 48%. A third rate would increase the top rate by seven percentage points.
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