Oireachtas Joint and Select Committees

Tuesday, 19 June 2018

Committee on Budgetary Oversight

Priorities for Budget 2019: Discussion

4:00 pm

Photo of Colm BrophyColm Brophy (Dublin South West, Fine Gael) | Oireachtas source

We are being advised by almost every second group which attends the committee about what they consider is the precarious nature of the current receipts from corporation taxes and the necessity not to use any windfall expenditure, etc. How does Dr. Healy propose to square that circle where, as he alluded to himself, a disproportionate amount of corporation tax comes from a small base of companies?

On the revenue proposal on diesel, the committee is in the process of working on it. There is no question that Dr. Healy has a solid proposal on it. It would result in a substantial rise which would impact on the ordinary person commuting to work, however. Through a series of incentives, we shifted - probably disproportionately - our car vehicle fleet to diesel, meaning many members of the public would get caught out in that proposal. There is also the impact it would have on the haulage and transport industry. Where does Dr. Healy see the real impact of such a substantial hike in that particular area and how that might affect matters?

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