Sign up to The Irish Times Archive (1859 - 2008)My Account »

Tue 05 May 2004Government looked at higher taxes prior to BudgetSignificant tax changes to increase the amount paid by higher earners and widen the tax base were discussed in the run up to the last Budget.However, senior Government officials warned that imposing a minimum income tax rate might be counterproductive, while it warned that substantial further consideration would be needed before introducing a tax on residential property.