Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Charlie McCreevy:

Well, because we were anticipating greater economic growth and greater economic growth was occurring. And I said in my first budget in December 1997, that I wanted my ... the first lines of my first budget were that they should ... that I want to be judged over the period of the five budgets that this Government was going to bring in, and that all those ... and in many interviews afterwards I said, it had to be judged in the totality. And as I said earlier, in my, in the five budgets that I introduced between '98, '99, 2000, 2001 and 2002 and then 2003, 2004, the total income tax and PRSI package came to €5,607 million-----

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