Dáil debates
Wednesday, 21 October 2009
Programme for Government.
11:00 am
Enda Kenny (Mayo, Fine Gael)
I estimate that the value of the tax increases will be of the order of €2.5 billion in personal taxes. To break this down, the cut in pensions relief represents €120 million; the abolition of the PRSI ceiling is €200 million; the carbon tax is €500 million; the site value of people's homes represents around €1 billion; water charges are €500 million; extra local government taxation is €100 million; and the closing down of tax reliefs will be at least €100 million, which represents a total of €2.5 billion. Would the Taoiseach agree that those figures are reasonably accurate? Was this considered by the parties when they were negotiating this deal?
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