Oireachtas Joint and Select Committees
Tuesday, 15 July 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Pre-Budget Submissions: Discussion
3:40 pm
Stephen Donnelly (Wicklow, Independent)
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We are but across the board this is a low-tax economy. In terms of income tax, VAT and corporation tax, Ireland is a low-tax, low-spending and low service provision economy. We are closer to America than we are to the social democratic model. Is IBEC suggesting that further tax cuts would be more than offset by increased revenue from the economic activity thereby stimulated?