Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I reaffirm what the Taoiseach said, which is that if the economy continues to grow, the resources will be there to make a change like that. We can look at the funding generated each year through the non-indexation of the tax code, with approximately €500 million made available to do tax reform and reduction. As the Deputy knows, we are looking to move the tax thresholds in line with income growth.

What happens in the approaching budget will depend on the negotiations I have with Deputy Michael McGrath and Fianna Fáil. Up to this point we have been able to make progress on changes in the universal social charge and the standard rate cut-off point, both of which have been progressive and are affordable.

I can answer the Deputy's question. The Taoiseach made clear that as long as resources are available within the economy, and our economy is growing, it is possible to make progress towards reducing the standard rate cut-off point every year.

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