Jennifer Whitmore (Wicklow, Social Democrats) | Oireachtas source

We asked for a report to be brought forward on those plans. We looked for analysis of the risks and mitigation - all the different measures the Minister is looking at to deal with the reliance of public finances on windfall corporation taxes.

It is important that not only is this report undertaken and brought forward, but also that a discussion is facilitated on it in this House. One of the criticisms of the rainy day fund measure last year was that only two minutes were given to each party to discuss the saving of €6 billion in that fund. It is important, therefore, that we have a discussion about this aspect of the legislation and that the Minister outlines what he is doing, why he is doing it, what risks he is considering, what analysis he is taking into account and what modelling he is doing on this issue. It is too big a matter for there to be no debate and no transparency. This is not something that only the Minister's Government is going to be dealing with. The consequences of this proposal will be something that all subsequent Governments will have to deal with for the foreseeable future, so it is important that there is a collective debate on it.

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