David Cullinane (Waterford, Sinn Fein) | Oireachtas source

I do not disagree with Mr. Coffey in respect of some of the areas where he stated there was potential for increases. I will play devil's advocate, however, because I am often on his side when I propose similar measures. An argument is often made that increasing income tax for any sector of the economy could hurt our competitiveness. Some argue either that it is not a sustainable economic solution or that it is not good for the economy. Would Mr. Coffey argue against it? He has stated there is scope for increased revenue and the money to be spent more sustainably. Raising income taxes for some may not be as dangerous or risky as spending based on corporation tax receipts. Is that a fair analysis of what Mr. Coffey stated?