Dáil debates

Tuesday, 1 February 2005

2:30 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)

If the core issue is to examine how high earning individuals can reduce their tax liability to zero, which is a scandal, can the Minister in a much more rapid and targeted way cap what any individual can claim on the aggregate of relief across the board? It is a targeted intervention which would not destroy the relief if the Minister feels the relief continues to have relevance. Why has he decided to review the whole lot when there is capacity to take some short-term measures that would not have any damaging effects and that would ensure everyone pays a realistic tax contribution? He could do so this year. He does not need to wait for reviews.

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