Oireachtas Joint and Select Committees
Tuesday, 18 November 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Finance Bill 2014: Committee Stage
6:20 pm
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
They pay a little less than €25,000. A person whose gross pay is €70,000 has €45,000 after all personal taxes have been deducted. Such people usually live in private houses that they have bought with mortgages, which means they have to make mortgage payments on top of paying their taxes. Those referred to by the Deputy as very well-off quickly come down to being the coping classes and the squeezed middle. They are the people who drive the economy and they are people who work the hardest. The ESRI research has actually shown-----