Martin Mansergh (Tipperary South, Fianna Fail)

At higher levels it does, which is the whole point. It raises substantial amounts of income. If one earns €100,000 per year, the levy raises €1,000 and if one earns €200,000, it raises €3,000. It is calculated on gross income and there are no allowances, exemptions or whatever to get in the way of collecting the money.

See this speech in context