Oireachtas Joint and Select Committees

Tuesday, 15 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion

3:40 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

I am surprised. I did not mean to ask a loaded question but any organisation that sets out the total package of reductions that it thinks will get us to the target should not make such a statement without having the other figures. It cannot mathematically be done without having an estimate for the carryover for revenue buoyancy. I did not mean to ask a trick question but it is mathematically not possible to provide estimates without those figures. We might speak about the matter after the meeting because I may be operating under a misunderstanding.

The general thrust of the submissions is that we should cut taxes in various places but Ireland is already a low-tax economy. We are significantly below many of our peers and the European average. Are the witnesses who advocate further tax cuts also advocating tax increases in other areas and, if not, do they accept that further reducing Ireland's tax take will degrade the quality of public services?

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