Oireachtas Joint and Select Committees

Wednesday, 9 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage

10:00 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

This is a very bad move. The Minister has presented as facts what are not facts. He has changed his argument to suit a political narrative and to suit some type of person in the Fine Gael headquarters who decided, "This is a good idea. Let us print up some election posters saying 'Abolish the USC', and the country is somehow going to be fine despite getting rid of €5.6 billion from our tax base every year". It is not. It is wrong. The Minister is wrong and he should withdraw from this. Please God the vulnerabilities I have talked about do not materialise but it is our job to make sure we manage the public finances in a prudent way. We need to be conscious of the risks that are there.

The last point I will mention-----

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