Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

Committee on Budgetary Oversight

Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (Resumed)

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

I accept the point of principle. However, we have had an unusual event where we have this surplus unexplained corporation tax. The question is about what use we put it to. In the environment we are in now, businesses are under such incredible pressure. The question for me is whether we get better value in the overall economy by ensuring they can come through by way of once-off measures rather than, we will say, using that money instead to repay the national debt. That is the question I am posing.

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