Oireachtas Joint and Select Committees

Thursday, 13 April 2017

Committee on Budgetary Oversight

Stability Programme Update: Minister for Finance

2:00 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

We had an interaction here last week with Mr. McCarthy and his team on the very strong employment figures. However, income tax figures are coming in under profile and the level of growth in income tax revenue is not as strong. Mr. McCarthy said that he is puzzled by this. We drilled down into it. What are the Minister's views? We have hugely strong employment growth but we are not seeing it in income tax revenues. Income tax for the first quarter is behind profile.

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