Seanad debates
Tuesday, 28 March 2006
Finance Bill 2006 [Certified Money Bill]: Second Stage.
5:00 pm
Ann Ormonde (Fianna Fail)
This Bill will remove all those on the minimum wage from the tax net. It will exclude workers on the average industrial wage from the highest tax rate. I have done some thinking on this issue. Let us compare 1997 with 2006. In 1997 the average industrial wage was €19,400 whereas in 2006 it is €32,000, an increase of about €12,000.
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