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Fiscal Policy

Dáil Éireann Debate, Wednesday - 22 February 2012

Wednesday, 22 February 2012

Questions (24)

John Halligan

Question:

24 Deputy John Halligan asked the Minister for Finance if recent Central Statistics Office figures showing a rise in the value of financial assets in the State will lead him to reconsider his tax policy and revenue raising strategy; and if he will make a statement on the matter. [9935/12]

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Written answers

Tax policy and revenue raising strategy are considered within the context of the Programme for Government and also within the overall Programme of Financial Support for Ireland. The Government Programme is clear in its commitments in relation to tax policy and these were reflected in Budget 2012.

The most recent Memorandum of Understanding (10th February 2012) proposes a budget for 2013 to include revenue measures to raise at least €1.25 billion (inclusive of carryover from 2012) and my Department is planning on that basis.

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