Seanad debates
Thursday, 19 February 2009
Order of Business
11:00 am
David Norris (Independent)
Everybody receives a tax break on pensions. The Government set the levy at 3%, 6% and 10% depending on the rates of taxation. The actual rate is therefore 2%, 5% and 6% because the people on the highest salaries receive the largest tax breaks. That is a difference of €215 million.
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