Oireachtas Joint and Select Committees

Tuesday, 4 October 2016

Committee on Budgetary Oversight

Forecasts for Budget 2017: Department of Finance

11:00 am

Photo of Kate O'ConnellKate O'Connell (Dublin Bay South, Fine Gael) | Oireachtas source

Ms Weymes referred to labour force growth. I may have misinterpreted it but did she say it is attributed to female returns because women were in education during the crisis? If I did not misinterpret it, can she drill down into that for me? Did women disproportionately return to education during the crisis? Why was that the case? Does Ms Weymes have any data on that?

Mr. McCarthy outlined the gain for each decile after the budget. Will that be proportionate to their income? We always hear that a reduction in USC will give a person on low income €10 but what about the person on a far greater income? People may deliberately leave out the proportionality of that. Is that taken into consideration with the figures Mr. McCarthy gave? Does it also take into account child benefit and other payments people get? If there were to be increases in that, would it be reflected in that?

Mr. McCarthy spoke about the co-location of intellectual property by companies that have economic activities here. Is there any reason for that trend not to continue? Are companies likely to continue to co-locate their intellectual property here? Is there any reason that we might negatively impact on that practice?

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