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Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Josepha Madigan: I thank Mr. Talbot and Ms Freeman for attending today's meeting, making their presentations, engaging with the committee and providing their pre-budget submissions. We very much appreciate it.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Josepha Madigan: I appreciate that.

Committee on Budgetary Oversight: Business of Committee (19 Sep 2017)

Josepha Madigan: Before we bring in our witnesses, we will go into private session to deal with housekeeping issues.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: Before we begin, I remind members and witnesses to turn off their mobile phones. Interference from mobile phones affects the sound quality and transmission of the meeting. I welcome from the Irish Business and Employers Confederation, IBEC, Mr. Fergal O'Brien, director of policy and public affairs, and Mr. Gerard Brady, senior economist, and thank them for making themselves available to...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: I thank Mr. O'Brien. One of the advantages of being Chair is that I get to ask a couple of questions before other members. They do not really have a choice. I will be very brief. I am curious about the USC. IBEC notes that international best practice advocates a broad tax base with a low marginal tax rate. In Ireland we obviously have a narrow tax base and a higher marginal tax rate....

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: IBEC has stated that plans to cut the USC "would make this worse and move Ireland further away from international best practice". That was in its pre-budget submission.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: Mr. O'Brien accepts that.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: I thank Mr. Brady. The first questioner is Deputy Lahart. I will give him ten minutes.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: We can move on. That is fine.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: Deputy Heydon has five minutes, but ten if he needs it.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: The woman's place in the home is enshrined in the Constitution.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: Before Mr. O'Brien answers, apropos of what Deputy Ryan is saying, how can we future proof budgets against climate change?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: What would IBEC propose for future budgets?

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Business and Employers Confederation (19 Sep 2017)

Josepha Madigan: That would be beneficial. I thank Mr. O'Brien and Mr. Brady. We very much appreciate them coming in today and taking the time to give their opening statements and address our questions. It was very helpful for all the members. As there is no further business, that concludes our proceedings today. The meeting is adjourned until 9 a.m. tomorrow.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Josepha Madigan: I remind members and witnesses to turn off their mobile phones as the interference from these affects the sound quality and transmission of the meeting. Good afternoon and welcome to the first of this committee's pre-budget scrutiny sessions, certainly the first to be held in public. The Committee on Budgetary Oversight was set up to improve the level of engagement with Parliament on...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Josepha Madigan: I thank Mr. Coffey. I have a few brief questions before I go to members. I will ask my questions and then allow him to answer. He said that the recent experience in Ireland has seen a damaging pattern of pro-cyclical spending. Will he tell the committee if there is an alternative to that, if it is a damaging pattern? I refer to corporation tax. I note in a previous report the council...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Josepha Madigan: I thought that the witness had said that Ireland could use its own voting power to protect itself.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Josepha Madigan: Deputy Lahart has six minutes.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Josepha Madigan: It is up to Mr. Coffey. He can indicate if he is not in a position to respond to questions.

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Irish Fiscal Advisory Council and Economic and Social Research Institute (13 Sep 2017)

Josepha Madigan: That is five minutes already.

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