Bertie's Campaign to Slash Tax for Wealthy ; As Pensioners and Disabled Were Protesting Over October's Budget, Ahern Was Lobbying for the Rich Ahern Went to Bat for the Wealthy in Pensions Tax Row [Eire Region]

Mail on Sunday › September 06, 2009

Linked as:

Summary

BERTIE AHERN tried to persuade Finance Minister Brian Lenihan to drop a new tax on some of Ireland's wealthiest men, the Irish Mail on Sunday can reveal.

The former taoiseach urged Mr Lenihan to reverse a measure in last October's budget which forced the ultra-wealthy to pay more tax on their pension contributions. Until that point, self-employed professionals such as developers, lawyers, consultants and company directors earning up to EUR 275,000 a year could put huge sums into their pensions tax-free.

See the full content of this document

Extract

Bertie's Campaign to Slash Tax for Wealthy ; As Pensioners and Disabled Were Protesting Over October's Budget, Ahern Was Lobbying for the Rich Ahern Went to Bat for the Wealthy in Pensions Tax Row [Eire Region]

This effectively amounted to annual EUR 100m subsidy for millionaires at the expense of the ordinary taxpayer.

Mr Lenihan's move was welcomed as an equitable way of helping en...

See the full content of this document