Seanad debates

Thursday, 16 June 2011

Finance (No. 2) Bill 2011 (Certified Money Bill): Committee and Remaining Stages

 

1:00 am

Photo of Thomas ByrneThomas Byrne (Fianna Fail)

If certain areas are to be targeted for employment growth, there should be some standard by which that growth can be measured. It is shocking that the Department is saying that what the Government is doing cannot be measured. We are being asked to sanction almost €1.8 billion in tax breaks with the aim of creating jobs in a small number of sectors. I am not criticising the overall approach, but I think it should be measured carefully and regularly. What would happen in two years' time if, having spent so much tax money on this approach, it transpired that it was not working? We would have a problem. If it could be measured, at least we would be able to tell whether something was being achieved. In such circumstances, we could consider expanding it to other sectors. We would support that if it was shown to be working. I apologise if I offended the Minister of State when I spoke about celebrating. At a press conference later today, the Taoiseach and the Tánaiste will boast that this Bill has been passed.

Comments

No comments

Log in or join to post a public comment.