Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Similarly, it is also true to say that there would have to be some deep scrutiny of how much one would gain from corporation tax, etc., although one would certainly be talking about billions of euro if one enforced the effective 12.5% rate.

On the issue of increasing income taxes for those earning €100,000 or more, there is no dispute about how much it could raise. It merely depends what rates one imposes, and we have the tables. Our proposal was that the effective rates, from €100,000 up to the very top of €8 million to €10 million, inclusive, should go from the current levels of 31.3% to 46% and from to 33% to 62%, respectively, and that would raise €2.5 billion according to the tables.

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