105. Deputy Eoghan Murphy asked the Minister for Finance the cost to the Exchequer in terms of revenue foregone if changes were introduced, that is, the standard rate of tax was decreased to 19% and the higher rate of tax was decreased to 39%; the entry point to the higher rate was increased by €1,000 to €34,800 for a single person and by a similar amount for one-parent families, married couples with one income and married couples with two incomes; the bottom 80,000 payers of universal social charge were removed from the charge and income tax liabilities were calculated at the same rate for PAYE and self-employed persons up to a value of €25,000 in terms of income earned. [10974/15]

Summary

105. Deputy Eoghan Murphy asked the Minister for Finance the cost to the Exchequer in terms of revenue foregone if changes were introduced, that is, the standard rate of tax was decreased to 19% and the higher rate of tax was decreased to 39%; the entry point to the higher rate was increased by €1,000 to €34,800 for a single person and by a similar amount for one-parent families, married couples with one income and married couples with two incomes; the bottom 80,000 payers of universal social charge were removed from the charge and income tax liabilities were calculated at the same rate for PAYE and self-employed persons up to a value of €25,000 in terms of income earned. [10974/15]

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• Tax Yield

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