Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

That is what we will have to do on a year by year basis. We all recognise that the burden of taxation is too high and that the Government is taking too much of people's hard-earned money to fund vital State services. Those services must be funded. That is the reason we have the ratio of 4:1 in the current budget for the changes we have made in the fiscal space. We have an income tax reform strategy paper that was published last year. We need to work together within the Government and the Oireachtas to find the most prudent path towards reducing the burden of taxation, but we cannot tie the Oireachtas to a five-year plan because it might have to be altered as needs change on a year to year basis, depending on happens internationally and domestically. However, it is our continuing commitment to reduce the burden of taxation on income earners.