Dáil debates

Tuesday, 24 May 2011

3:00 pm

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)

The net effect of the jobs stimulus will be, as the Taoiseach knows, the deflation of the economy by approximately €200 million, the difference between the revenue that will be raised by the levy and the smaller amount provided in tax reductions. Unless the Government publishes the full details of the cost-benefit analysis carried out before the announcement of the jobs initiative, serious questions will be asked about its impact.

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