Pension levy ‘grand theft’ must not continue

In Tuesday’s Irish Examiner editorial, it was suggested that if the Government was to extend the pension levy imposed on the private sector several years ago, it would be an unacceptable breach of faith.

Let’s not forget that the rate had already been increased despite an assurance that would not happen.

It has raised over €2.3bn for the exchequer, and Finance Minister Michael Noonan just might think he had rediscovered the goose that laid the golden egg. He should think again. It may be more than the property tax but that latter tax has some semblance of fairness.