Oireachtas Joint and Select Committees

Wednesday, 18 September 2024

Committee on Budgetary Oversight

Pre-Budget Engagement

3:30 pm

Photo of Jack ChambersJack Chambers (Dublin West, Fianna Fail)
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If we take the measures we have made from a tax perspective, for example, and the progressive nature of our decisions on tax over the last four years, a single person earning €40,000, for example, had an effective tax rate of 21% in 2020 and has an effective tax rate of 17% now. There has been a progressive nature to all of the decisions we have taken from a tax policy perspective. Obviously, when it comes to the social protection side, the Minister, Deputy Donohoe, can speak to the decisions that have been taken on spending, but we have been very much focused on low- and middle-income earners in particular and addressing issues of poverty. The Minister, Deputy Donohoe, will have some of the figures from the decisions we have taken in terms of cost-of-living and permanent measures.