Oireachtas Joint and Select Committees
Tuesday, 20 June 2017
Committee on Budgetary Oversight
Irish Fiscal Advisory Council: Discussion
4:00 pm
Mr. Seamus Coffey:
It does not feed into the expenditure benchmark. If corporation tax receipts remain volatile, as they have been and are likely to remain, the expenditure benchmarks sets the level of growth to the long-run potential of the economy. In a sense, it should even out those year to year fluctuations we see in corporation tax.
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