Dáil debates
Wednesday, 5 December 2007
Financial Resolution No. 4: Income Tax
9:00 pm
Kieran O'Donnell (Limerick East, Fine Gael)
The Minister is quoting a rate of 5.5%, which seems to be in excess of the current market rates. How and why was the figure calculated? It does not seem to tie in with the rate currently applicable to home loans, or that applicable to commercial loans, namely, 13%.
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