Oireachtas Joint and Select Committees

Thursday, 27 May 2021

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael) | Oireachtas source

I welcome our guests and thank them for coming before the committee. That is about the end of my jumping for joy because the council's report is sobering. I am concerned about two issues. We are aware of the potential diminution of receipts from corporate profits tax. It is difficult to identify in the midst, heat and wake of Covid that we can at same time take the corrective measures Mr. Barnes has hinted at. To what extent has the council evaluated the impact on the economy in general and on taxpayers throughout the country of taking at an early date the corrective measures Mr. Barnes has hinted at? What will that do to us as a people?

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