Oireachtas Joint and Select Committees
Wednesday, 30 November 2022
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
The IFAC is decoupling the windfall corporation tax receipts from policy decisions. I am probably a bit more pragmatic. I do not like borrowing. These receipts gave us the opportunity last year to take once-off measures that we had to take. We were able to that from cash flow on a once-off basis rather than having to borrow. That is my view.
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