Dáil debates
Tuesday, 13 December 2005
Tax Yield.
2:30 pm
Paul McGrath (Westmeath, Fine Gael)
The Minister explained the formula he used to calculate the figure, which is obviously not working. He should go back to the drawing board. In 2003, it was forecast that capital taxes would fall by 23%, a figure of €604 million, but they rose by €1.2 billion.
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