Seanad debates

Wednesday, 19 November 2003

10:30 am

Photo of Michael McCarthyMichael McCarthy (Labour)

A 2% increase in the capital gains tax would negate the need for such a cutback. The current weekly earning threshold for the purpose of payment of reduced rates of disability is being increased from €88.88 to €150. The threshold has not been updated since 1993. This represents a serious disincentive to employment.

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