Oireachtas Joint and Select Committees

Wednesday, 8 February 2023

Committee on Budgetary Oversight

Report of the Commission on Taxation and Welfare: Discussion (Resumed)

Mr. Ian Talbot:

I have no strong views either way. I think it will have limited impact on employment, to be honest. I think back to when I started work and tax rates went up from 20%, 30%, 40%, 50%, 60% to 70%-plus marginal rates. We do not want to get back to that either. Keeping tax simple makes it much more understandable for people as well. However, that is only tinkering around a little bit and helping certain sectors. Widening the tax base is something fundamentally different.