Oireachtas Joint and Select Committees
Wednesday, 6 December 2017
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
2:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Mr. Coffey identified that the knowledge development box, intangible assets, allowances and so on that were benefitting a small number of IT companies was not necessarily translating into higher levels of investment. Does he think that needs to be looked at? Developing and innovation is part of developing a sustainable economic model. If available public expenditure is going into a small number of companies and it is not translating into higher levels of investment, would Mr. Coffey think, as seems to be implied in his report, that we should be much more focused on that investment going into public universities or other areas which are likely to actually yield real economic activity and gains to the economy?
No comments