Seanad debates

Wednesday, 12 July 2023

Nithe i dtosach suíonna - Commencement Matters

Tax Code

10:30 am

Photo of Seán KyneSeán Kyne (Fine Gael) | Oireachtas source

I thank the Minister of State for the comprehensive response on what we have done in the past and in budget 2023. It is important that the programme for Government commitment to a tax package that will benefit workers in this country and the summer economic statement are followed through on. It is essential to put money back in people's pockets to help them deal with the rising prices of goods and services. Tax cuts give people choice as to how to spend their own money in a time of tight personal finances and they ensure that people's real tax bills do not increase due to inflation. The Taoiseach has stated that we will use the corporation tax receipts for additional capital investment, debt reduction and a future fund. That is important but it is also important that workers see the benefit of their work and of the improved finances in the country. They have had a long number of years of difficulties, particularly for the past few years due to inflationary pressures, so they need relief.

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