Oireachtas Joint and Select Committees

Thursday, 8 November 2018

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2018: Committee Stage (Resumed)

10:00 am

Photo of Jonathan O'BrienJonathan O'Brien (Cork North Central, Sinn Fein) | Oireachtas source

Do we have any data on how last year's increase has impacted on the potential overheating in the economy in this sector? The Minister said that we tripled the rate last year. In August of this year, IFAC was still looking at 2019, 2020 and 2021 as a period when that sector will overheat more and more. This is despite the tripling of the rate last year. Has any analysis been done on the impact that the increase last year is likely to have in the coming years?

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