Joan Burton (Dublin West, Labour) | Oireachtas source

The United Kingdom is currently a significant net contributor to the EU budget. Brexit, when it happens, will cause a weekly €200 million gap in the European budget. The options currently being examined by the EU Commission include increasing member states contributions from 1% to 1.2% of GNI* which is a very large jump and would particularly affect Ireland at a time when our GNI* is rising; an entirely new income flow, such as the EU introducing some new form of tax with a number of options having been discussed already; and increasing the increasing VAT contributions into the EU budget. At present, Ireland is a small net contributor. Under all options laid out by the EU, it will become a very large net contributor. Where does the Taoiseach stand on the proposals that are now on the table in this matter?

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