Salaries over €100k ‘should be taxed at 50%’

Workers who earn more than €100,000 a year should pay almost half of their salary to the Government.

That’s according to the Think-tank for Action on Social Change (Tasc) who yesterday called for the introduction of a 48% tax band for those earning more than €100,000, at their annual conference in Croke Park.

The group also suggested reducing tax reliefs on items such as pensions and health insurance, which they claim benefit higher earners.