Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

That is with the Minister for Housing, Local Government and Heritage at the moment. Obviously, there is a cost to the Exchequer in raising those thresholds. It is something that will have to be considered in the context of the forthcoming budget. As the Deputy knows, I am somebody who broadly believes in the concept of indexation as a principle, not just for tax credits and tax bands, but also for social welfare, pensions and entitlement to things such as medical cards and social housing. One can argue about whether you index to inflation, earnings or house prices, but as a basic principle, we should index thresholds. That applies to housing as well.

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