Oireachtas Joint and Select Committees
Tuesday, 7 November 2017
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2017: Committee Stage
6:00 pm
Pearse Doherty (Donegal, Sinn Fein)
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Can I take it that the terms of reference will not stipulate that this process should involve the complete merger of the USC? Is it the case that all possible options, including partial merger and complete merger, will be considered? My concern is that this will not add up unless the services that are currently being provided through general taxation are funded from the social insurance fund. One cannot cut between €4 billion and €5 billion of tax, put it into a fund which cannot be used for general taxation and think we are going to be okay.