If we look at the post-budget 2024 situation on a salary band basis, we estimate the top 1% of taxpayer units will pay 24.4% of total income tax and USC, the top 5% of taxpayer units will pay 48% of total income tax and USC, the top 20% will pay 79% of total income tax and USC and the bottom 80% will pay 21% of total income tax and USC. Introducing a 43% income tax rate on income over €100,000 would increase the top income tax rate by three percentage points and would increase the top marginal rates of tax to 55% for employees and 58% for the self-employed.
The review explored the concept of refundable tax credits, provided an overview of previous relevant studies and of refundable tax credits in other countries and provided an economic analysis of refundable tax credits.
Key terms by TF-IDF across 13,016 words from 17 speakers. The summary quotes the highest-scoring sentences verbatim — nothing is paraphrased.
Tellers: Tá, Deputies Pádraig Mac Lochlainn and Denise Mitchell; Níl, Deputies Hildegarde Naughton and Cormac Devlin.
| Question | Result | Tá–Níl |
|---|---|---|
| Amendment put: | Lost | 52–79 |
| Amendment put: | Lost | 52–81 |
| Amendment put: | Lost | 50–76 |
| Question put: | Carried | 80–53 |
| Amendment put: | Carried | 74–58 |
| Question put: "That the motion, as amended, be agreed to" | Carried | 74–58 |
| Amendment put: | Carried | 74–59 |
| Question put: "That the motion, as amended, be agreed to." | Carried | 74–58 |
| Amendment to amendment put: | Lost | 54–79 |
| Amendment put: | Carried | 83–50 |
| Question put: "That the motion, as amended, be agreed to." | Carried | 83–50 |
Party shown is the one each member held on 2023-11-22, frozen by a dated join — not their party today. The Oireachtas API publishes no date of birth and returns an empty gender field for every member in this period, so no age or gender breakdown is shown.