Oireachtas Joint and Select Committees

Thursday, 28 November 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Impact of Brexit on Ireland's Economy: Economic and Social Research Institute

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

The ESRI referenced the fact that for people on modest incomes, the forecast increase in wages was likely to be 2% to 3% but it was closer to 3%. It noted that if tax bands, allowances and so on for people, particularly on lower incomes, had not increased, that would have been a tax hike on people on lower pay.

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