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Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: This evening's engagement is with representatives from the Nevin Economic Research Institute and Social Justice Ireland. They are very welcome. The committee has agreed to revisit the indexation of the welfare and taxation system against the background of the recommendations contained in its report on the topic, which was published in July 2022. I welcome: Dr. Tom McDonnell, co-director,...

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I thank Dr. McDonnell for his contribution. I now invite Mr. John McGeady to make an opening statement on behalf of Social Justice Ireland.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I thank Mr. McGeady. I now open the meeting to the floor. Our first contributor this evening is Deputy Moynihan.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I thank Deputy Moynihan. I call Deputy Donnelly.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I will ask Deputy Patricia Ryan to make a contribution. If there are no other members seeking to come in, I will make a contribution after her.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I thank the Deputy very much. Mr. McGeady wanted to respond to Deputy Ryan's points.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I thank Mr. McGeady. I am glad he made the remarks he did because it speaks to some observations I was going to make with regard to the question of adequacy of core weekly payments and our system more generally. We have to start looking at our social protection system through the lens of adequacy rather than simply a non-evidence-based way of generating what the rates might be every year....

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: Do the witnesses agree that the decision to introduce a number of once-off payments, as they were described, to complement the inadequate core payments over the past couple of years to assist households through a very difficult period, was, in itself, an admission that core welfare rates are utterly inadequate? My next question is based on that observation. Where do the witnesses think the...

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: Considering the erosion of the value of the pension in recent years, it really speaks volumes.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: That is exactly why we need to have an informed discourse every day about the nature of poverty and how it manifests itself. Regardless of the composition of whatever Government happens to come into office after an election, that is consistently there. The word "informed” is key in the context of actually addressing those myths that are very damaging and then become truths and...

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I would have to agree.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: They do not tell the whole story. Deputy Donnelly and Deputy Ryan are next.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I will leave the final word to Ms Rogers.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: They are rarely reviewed.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: We also have an extensive report here, and we had engagement from others-----

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: I thank Ms Rogers.

Committee on Budgetary Oversight: Report on Indexation of the Taxation and Social Protection System: Discussion (17 Apr 2024)

Gerald Nash: Unlike tax cuts. I thank the witnesses for joining us this evening. It was useful and very valuable to us.

Written Answers — Department of Finance: Tax Exemptions (16 Apr 2024)

Gerald Nash: 239. To ask the Minister for Finance if he will address the anomaly that sees a VAT exemption applied to the services of psychologists but not to suitably qualified psychotherapists and counsellors (details supplied); and if he will make a statement on the matter. [16745/24]

Written Answers — Department of Education and Skills: Schools Refurbishment (16 Apr 2024)

Gerald Nash: 313. To ask the Minister for Education and Skills if she is aware of correspondence issued to her from a school (details supplied); further to Parliamentary Question No. 332 of 13 February 2024, if she will provide an update which relates to the subject matter of the correspondence; and if she will make a statement on the matter. [16333/24]

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Second Stage (10 Apr 2024)

Gerald Nash: I am pleased to speak in support of the establishment and the principle of both the future Ireland fund and the infrastructure, climate and nature fund. It is a principle that we agree with the Government on. The fact we are establishing funds of this nature is something that would have seemed simply beyond us just a few short years ago. Fifteen years ago, the economy of our country was...

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