Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

It is always speculative at what point one pitches personal taxation. We are in a common travel zone and can move to and live in any of the 27 member states of the European Union. If we tax people too high we do not want a situation in which everybody who is wealthy leaves the country because we want the wealthy people to invest and be productive in terms of providing jobs for other people. A balance must be found but they pay their fair share. The top couple of per cent of wage earners contribute some 20% of all taxes.

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