Oireachtas Joint and Select Committees

Wednesday, 11 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of 2014 Pre-Budget Submissions: Discussion

3:30 pm

Mr. Jim McCabe:

With regard to Deputy Sean Fleming's proposal of putting €1 on every can, as this is the finance committee, it would have to be careful that the necessary checks and balances are put in place first. As I stated earlier, excise on spirits has fallen this year. There is also the link to increased cross-Border shopping and illicit smuggling. In fact, one could find that Exchequer returns could fall. We favour minimum pricing, we favour the elimination of below-cost selling and we favour responsible selling. There are other checks and balances to put in place before we can look at that.

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