Charlie O'Connor (Dublin South West, Fianna Fail)
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Question 147: To ask the Minister for Finance the estimate of the cost of a child care tax credit of €10,000 against personal income tax; and if he will make a statement on the matter. [43027/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that assuming the enactment of the changes announced in the 2007 Budget the full year cost to the Exchequer of allowing a tax credit of €10,000 to each family unit with children, irrespective of the numbers of children in the unit, would be in the region of €2 billion. These figures are provisional and subject to revision.