Leo Varadkar (Dublin West, Fine Gael)
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Question 174: To ask the Minister for Finance further to Parliamentary Question No. 97 of 12 February 2009 the amount that would be raised by an income levy applied at 20% on all income to €50,000, 30% on income from €50,000 to €100,000 and 40% on all income above €100,000; and if he will make a statement on the matter. [10972/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that the full year yield to the Exchequer, estimated by reference to 2009, from the changes mentioned by the Deputy is estimated to be of the order of €19 billion. The existing general and age exemption limits were retained for the purpose of this estimate.

The figures are estimates from the Revenue tax-forecasting model using actual data for the year 2005 adjusted as necessary for income and employment growth for 2009. They are therefore provisional and likely to be revised.