John Cummins (Fine Gael) | Oireachtas source

I intend to speak to both recommendations Nos. 6 and 7. We have made progress, as Senator Kyne has said. Only a couple of years ago, €36,800 was the standard cut-off point. We are now at €42,000 in budget 2024, which is to be greatly welcomed. However, the number of people paying that higher tax rate has increased, notwithstanding the fact we have more people in employment. We believe we need to continue to examine the burden on the middle and to improve upon it to ultimately reach a €50,000 level. On recommendation No. 7, we also need to examine how that might be achieved that in the context of a potential 30% tax rate. I understand this has been mooted and examined by Revenue but,l as of yet, we have not seen the feedback and data on the cost of implementing that.