Leo Varadkar (Dublin West, Fine Gael)
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Question 41: To ask the Minister for Finance further to Parliamentary Question No. 97 of 12 February 2009 if he will estimate the amount that would be raised by an income levy applied as 20% on all income up to €40,000, 30% on income from €40,000 to €80,000, 40% on all income between €80,000 and €120,000 and 50% on all income above €120,000 assuming that the current general and age exemption are not retained; and if he will make a statement on the matter. [14130/09]

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 €22.4 billion.

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.

Leo Varadkar (Dublin West, Fine Gael)
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Question 42: To ask the Minister for Finance further to Parliamentary Question No. 97 of 12 February 2009, if he will estimate the amount that would be raised by an income levy applied as 20% on all income up to €50,000, 30% on income from €50,000 to €100,000 and 40% on all income above €100,000 assuming that the current general and age exemption are not retained; and if he will make a statement on the matter. [14131/09]

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 €20.7 billion.

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.