Paul Murphy (Dublin South West, Solidarity)
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That is a different report. It is fair enough that the Minister agrees to that different report but he does not agree to this one. The wording is not entirely clear and there was some confusion when we were submitting parliamentary questions in advance of the budget. We were talking about the USC, renamed effectively as a high income social charge applying to marginal income exceeding €90,000, of which we understood the yearly cost would be €2.8 billion. In our budget statement, we also outlined a series of new bands for high income earners that would raise in excess of €2 billion. We will come to this later in the context of our amendments. That would significantly reduce the cost of those changes. The Minister is not going to agree and that is understandable.