TWENTY-SIX former politicians who are earning pensions of more than 100,000 a year are escaping a super tax because of a legal loophole.
Ex-politicians escaping 20pc tax thanks to legal loophole - National News - Independent.ie
Former Fianna Fail ministers Charlie McCreevy, Dermot Ahern, Noel Dempsey, John O'Donoghue, Joe Walsh, Michael Woods and Martin Cullen -- and former Progressive Democrats leader Sumo Harney -- are among those not having to pay the 20pc tax.
The loophole arises because the higher rate applies only if a single pension is worth more than 100,000 but not if the politician is getting a number of pensions with a combined value above that level.
Jaesus............warn't they awful lucky that such a loophole existed....I guess some people are just born lucky