Seanad debates

Tuesday, 25 March 2003

Finance Bill 2003 [ Certified Money Bill ] : Second Stage.

 

I recall when capital gains tax was reduced from 40% to 20%, something previously mentioned. The Minister was heavily criticised for doing so. The income from this source rose during the period while the exemption limits were halved, but inflation in the meantime makes a strong case for raising them substantially again.

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