Oireachtas Joint and Select Committees
Tuesday, 15 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Irish Stability Programme Update: Minister for Finance
8:45 pm
Sean Barrett (Independent) | Oireachtas source
On the tax revenue increasing from €37.8 billion to €48.1 billion, that is €10.4 billion in extra taxes. The net current expenditure goes down by 3.3%. That is as a result of what the Minister said about people on medium incomes paying the top rate of tax. The adjustment is still being driven overwhelmingly by €10 billion extra in tax between 2013 and 2018.
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