Dáil debates
Wednesday, 7 December 2005
Budget Statement 2005.
4:00 pm
Brian Cowen (Laois-Offaly, Fianna Fail)
It will operate by reducing by half the amount of income that can be relieved from tax by certain specified tax reliefs. This measure will help eliminate the phenomenon of tax free millionaires and increase the effective rate of tax on those with high income towards a minimum of 20%.
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