Why not introduce a maximum legal wage?

YOU quoted an economist from Goodbody (September 7) as saying the top 4% of earners pay close to 48% of all income tax.

Why not introduce a maximum legal wage?

I do not dispute those figures, but I would like to put them in context. The top 4% of earners accounted for nearly 98,000 people who each earned more than €100,000 in 2006. People earning more than €275,000 still took home an average of 72% of their salaries after tax.

It is only fair that those who earn the most should pay the most, especially when the top 4% of earners are paid 24% of the gross national wage bill. In general, the Irish income tax system meets the criterion of fairness.

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