Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

We proposed 45%, 50%, 55% and 60% respectively. The Minister claims this removes incentives and would discourage talented or educated emigrants from coming home. I do not accept this argument. Much of the time when the Minister answers questions on these rates, he talks about a marginal rate of 50% or more. It would be more honest to conduct the argument if we talked about the proportion of people’s income paid in tax. Those on €100,000 and over are paying somewhere between 29% and 33% in tax. That is according to the tables the Department has supplied me.