Seanad debates

Thursday, 21 March 2013

Finance Bill 2013 [Certified Money Bill]: Committee and Remaining Stages

 

3:30 pm

Photo of John GilroyJohn Gilroy (Labour) | Oireachtas source

We have seen in the past how the drinks industry has used increases in excise, VAT and so on to add its own additional surcharge also. Therefore, even if we taxed the industry, it would pass those increases on to the consumer. All we would be doing would be adding another level of administration and offering the drinks industry the opportunity to add its own surcharge on top.

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