Oireachtas Joint and Select Committees

Thursday, 27 May 2021

Committee on Budgetary Oversight

Fiscal Assessment Report: Irish Fiscal Advisory Council

Photo of John LahartJohn Lahart (Dublin South West, Fianna Fail) | Oireachtas source

If we had three or five-year forecasting, would that allow temporary taxation measures? Could we sell to the public the idea that we have Sláintecare or something else with a medium-term tax need that will be reviewed after a period of time? It is often the case that when a tax is introduced we feel it is permanent. For example, it is hard to move away from a tax such as the USC. Aside from creating certainty, what would be the advantages, to use a cliché, of having an envelope for each Department, etc.?

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