The Finance Minister has ruled out abolishing inheritance tax, saying it would not be fair.
Former Justice Minister Alan Shatter has launched a campaign to abolish the tax.
Children can currently inherit €335,000 from their parents before they have to pay tax, but anything above that rate is taxed at a rate of 33%.
Jack Chambers said he thought "having capital acquisitions tax is important in a balanced economy in terms of fairness and equity."
But he did say that "there are pressing issues around the thresholds, as property prices have risen in the last number of years, and that's why capital acquisitions tax and thresholds are something Government is considering for the next two weeks, but I think abolishing it completely doesn't represent wider equity we want to see in our country and our society."
He added that it is "important to have have capital acquisitions tax as a revenue generating measure as well."
