Dáil debates

Thursday, 13 February 2025

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Exchequer Returns

2:20 am

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú) | Oireachtas source

For 2023, income tax was roughly €33 billion, corporation tax was the next largest, at €24 billion, and VAT came in at about €20 billion. Those figures and the figures the Minister has just outlined show that there is a significant exposure for this country. Because of the potential changes with the US Administration, we could be looking at significant job losses, significant corporation tax losses and a significant fall in income taxes in this country, as well as austerity being brought into place because of the lack of taxation within the budgets to be able to pay for the services that have been built up over recent decades. What actions is the Minister taking with the US Administration to make sure that those tax bases do not evaporate over the next while?

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