Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Committee on Budgetary Oversight

Stability Programme Update: Economic and Social Research Institute

Dr. Kieran McQuinn:

It is a difficult issue. It ties in with the need, at some stage, to taper and reform those policies and they will have to be incorporated within the more general taxation system. That was one of the points we raised in the document, namely, that there is a significant policy challenge as we move forward in terms of modifying the policies and the schemes in light of the economy opening up. It is a very difficult question, of that there is no doubt. There is a balance to be struck between supporting family incomes and making sure people can survive in the current climate but also making sure there are incentives for people in terms of the normal incentives that apply as far as the economy is concerned. Does Dr. Doorley wish to add a further comment?

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