Seanad debates

Friday, 18 December 2009

Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee Stage

 

1:00 pm

Photo of Feargal QuinnFeargal Quinn (Independent)

My question is very simple and echoes the point made by Senator Alex White. Senator White took an example from table 3 so I will take one from table 2. If the intention is that a public servant with a basic salary rate of more than €125,000 should pay 15% of basic salary, which amounts to €31,500, only one line of text is necessary to state it. However, if it is done the way I originally assumed, such a public servant only pays €15,700. I believe I have done my sums correctly. Is the intention that someone earning €210,000 would pay 15% of that or would pay 8% on the first €125,000, 12% on the next €40,000 and 15% on the rest? If so I do not understand why the three tables are necessary. Have Senator Alex White and I made a mistake or is this the intention?

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