Brian Cowen (Laois-Offaly, Fianna Fail)

No. In contrast, the relatively smaller tax headings, which are the subject of the question, that is, capital taxes, stamp duties and customs, represented about 10% of targeted revenues in 2005 and they accounted for 13% of tax revenues collected. The excesses in these tax headings account for 70% of the total excess in tax revenues in 2005, due mainly to the continuing strength of the property market. We expected 90% of our tax revenue from the big four taxes but got 87%.

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