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Haughey Millions Beyond State's Grasp
national |
crime and justice |
opinion/analysis
Tuesday August 10, 2004 12:03 by Michael Hennigan - Finfacts finfacts at finfacts dot ie 087 2474328
The Haugheys are laughing all the way to the bank! The Sunday Independent reported last Sunday that the two Senior Counsel who have been investiagting the affairs of former Taoiseach Charles Haughey have each earned more than €4 million to date. Some days earlier, it was reported that Haughey's children were in line for a bonanza of €7.5 million each( €441,198 will be tax free and the remainder will be subject to gift tax of 20%- Mary Harney has argued that the rationale for the cut in the rate of inheritance tax from 40% ``is to make more things happen and to be fairer to those that generate wealth and own wealth in society''). |
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