Oireachtas Joint and Select Committees

Thursday, 3 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Fiscal Assessment Report: Irish Fiscal Advisory Council

2:00 pm

Dr. Róisín O'Sullivan:

I will address the question of the parallels between the spending of excess corporation tax versus the property tax issue during the Celtic tiger years. It is really a case of a parallel approach to policy that concerns us most. Our difficulty is with the idea that when unexpected revenues come in, those in government take the view that they have it so they will spend it. This is happening in the context of an economy that is doing far better and growing strongly. It does not need the fiscal stimulus at this point that extra spending provides.

Comments

No comments

Log in or join to post a public comment.