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(ii) Examples Showing the Effects of the Budget changes on Different Categories of
Married and Single Taxpayers
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EXAMPLE 1
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Married couple, one income, no children taxed under PAYE
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Full rate PRSI contributor
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GROSS
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PRSI/Levy Liability
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Tax Liability
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Total
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Gain as % of
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INCOME
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Existing
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Proposed
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Existing
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Proposed
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Gain
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Net Income
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€
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€
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€
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€
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€
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€
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%
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12,000
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0
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0
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0
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0
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0
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0.0
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13,000
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0
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0
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0
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0
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0
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0.0
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14,000
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0
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0
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0
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0
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0
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0.0
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15,000
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336
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336
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0
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0
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0
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0.0
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16,000
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376
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376
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0
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0
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0
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0.0
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17,000
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416
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416
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0
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0
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0
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0.0
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18,000
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456
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456
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0
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0
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0
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0.0
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19,000
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876
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876
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100
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0
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100
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0.6
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20,000
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936
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936
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300
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160
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140
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0.7
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25,000
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1,236
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1,236
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1,300
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1,160
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140
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0.6
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30,000
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1,536
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1,536
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2,300
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2,160
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140
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0.5
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35,000
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1,836
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1,836
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3,300
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3,160
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140
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0.5
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40,000
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2,091
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2,136
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4,960
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4,820
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95
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0.3
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45,000
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2,221
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2,278
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7,060
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6,920
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83
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0.2
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50,000
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2,341
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2,398
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9,160
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9,020
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83
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0.2
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55,000
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2,462
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2,519
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11,260
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11,120
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83
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0.2
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60,000
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2,577
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2,634
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13,360
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13,220
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83
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0.2
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70,000
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2,802
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2,859
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17,560
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17,420
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83
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0.2
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80,000
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3,018
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3,080
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21,760
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21,620
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78
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0.1
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90,000
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3,233
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3,295
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25,960
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25,820
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78
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0.1
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100,000
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3,443
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3,505
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30,160
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30,020
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78
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0.1
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110,000
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3,653
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3,715
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34,360
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34,220
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78
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0.1
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120,000
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3,863
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3,925
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38,560
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38,420
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78
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0.1
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130,000
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4,068
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4,130
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42,760
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42,620
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78
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0.1
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