Paudge Connolly (Cavan-Monaghan, Independent)
Link to this: Individually | In context

Question 161: To ask the Minister for Finance his views on the feasibility of indexation of tax bands and thresholds; and if he will make a statement on the matter. [33821/06]

Brian Cowen (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context

In practice the tax bands and allowances are increased each year as resources permit. To provide for this automatically by law is, in my view, not advisable, as the Oireachtas should be allowed the maximum flexibility in deciding the resources to be allocated to tax relief each year and how this relief should be distributed.