Oireachtas Joint and Select Committees
Wednesday, 20 September 2017
Committee on Budgetary Oversight
Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland
9:00 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
These are the questions. The questions are about how it appears in the data as presented that, in terms of the cost of employing someone on an average wage in the 15 countries, only Greece and Portugal would have lesser costs in terms of labour costs. This is my point. There is a narrative that everyone believes, which is that high marginal tax rates and particularly those we have in Ireland, are a cost on employment, a deterrent and all the rest. However, it appears from the OECD data, if we take average earnings, that Ireland has the second lowest cost in terms of tax wedge on average earnings out of the EU 15.
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