Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

How much additional revenue will this yield? It is clear from the budget documentation that up to the €1 million threshold they are only liable to 0.18% and the 0.25% rate only applies to the excess over €1 million. One wonders how much extra revenue will be delivered by this so-called mansions tax in the way the Minister has configured it.

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