Oireachtas Joint and Select Committees
Thursday, 23 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Enda Kenny (Mayo, Fine Gael) | Oireachtas source
Yes, as I said to you, we ... the commitments on tax and spending that we set out in that manifesto were consistent with the projections on the figures from the Department of Finance and from the ESRI and we were very clear that the levels of growth that were forecast in there of 4% could only be achieved if you had strong oversight and a really strong competitive element to our economy. And those tax positions, to retain the corporation tax of 12.5%, to reduce the standard rate from 20% to 18%, as well as a number of other reforms that I've mentioned - stamp duty and one-parent families - were entirely consistent with that model and, obviously, Fine Gael and Labour put together a joint fiscal document in that regard.
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