Oireachtas Joint and Select Committees
Tuesday, 20 September 2016
Committee on Budgetary Oversight
Revenue Raising Proposals: Minister for Finance and Revenue Commissioners
9:30 am
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
It is possible to increase taxes in any budget, which has the effect of increasing the fiscal space. Spending the yield from the increased taxes is always an option. However, the decision is whether that is economically prudent or good management of the economy. I happen to think that there is no problem in coming up with new taxes, but we have enough of them. The tax burden is a fairly heavy burden on the shoulders of those in question.
No comments