Paschal Donohoe (Dublin Central, Fine Gael)
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That plan was not included in the programme for Government commitments. I looked at it in the last Government. Having considered it in detail, it became apparent to me that there would be considerable complexity in doing this. Looking at the many challenges that we face with regard to tax revenue and how we pay for public services that we need, this Government believed that a more targeted form of indexation for income tax, in particular, was a better use of the country's resources. This may well be a matter to be considered by the Commission on Taxation and Welfare as it begins to consider what the future of our tax code will be as we move, I hope, into a future where the pandemic is lessened. The focus of this programme for Government is targeted indexation for those who need help at a time when the cost of living is increasing.