Pearse Doherty (Donegal South West, Sinn Fein)
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Question 129: To ask the Minister for Finance the revenue that would be raised by re-introducing the income levy under last year's rates, but levied at those earning in excess of €40,000 per annum. [26351/11]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that the estimated full year yield to the Exchequer, estimated by reference to 2012 incomes, of the re-introduction of the Income Levy at the same rates as applied in 2010 and confined to all income earners earning in excess of €40,000 per annum, with double that amount for married couples, would be of the order of €1,180 million. These figures are estimates from the Revenue tax-forecasting model using actual data for the year 2009 adjusted as necessary for income and employment trends for the year 2012. They are therefore provisional and may be revised.