Oireachtas Joint and Select Committees

Tuesday, 21 February 2017

Joint Oireachtas Committee on the Future Funding of Domestic Water Services

Right2Water

11:30 am

Mr. David Gibney:

We have published a fiscal plan which over the next five years would raise €10 billion and, therefore, increase funding for all of the things the Deputy mentioned, such as the crisis in health care. One cannot have low taxes and a decent health care system or housing system. It just does not work. In terms of the income taxes I mentioned, I never said I was opposed to them. USC is one example. Richie Boucher, who works for Bank of Ireland, pays €63,000 in USC because he is a high earner. That is equivalent to a salary for two nurses.