Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Others will look at what the Minister has said and, more importantly, what he has not said. Successive Ministers for Finance were willing to say that they would not increase the 12.5% tax rate. Based on the fact that the Minister is not willing to say that three months out from the conclusion of these negotiations, some might argue that he is in a process of conditioning the Irish people to see him as the first Minister for Finance in more than a decade to increase our corporation tax rate as a result of negotiations that are not going Ireland's way.

I will move to further details relating to the summer economic statement, specifically table 4. Either Minister can answer this question. The total budgetary package for 2022 is €4.7 billion and that is broken down into three categories of €3.1 billion for current, €1.1 billion for capital and €500 million for tax measures. A large amount of that has already been pre-committed and only €1.5 billion has yet to be allocated. Some €500 million of that is taxation measures. How much of that increased capital allowance has already been assigned and how much of it requires a new decision?