Deputies

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Poverty impact of budgets 2012, 2013

Asked about the impact analysis of the 2012 budget, the Minister for Social Protection, Joan Burton told Stephen Donnelly (ind, Wicklow) that her department had analyzed its distributive and poverty impact of the budget and the tax and welfare package, funding it to be consistent with the findings of the Economic and Social Research Institute (ESRI) (Dail Eireann, Debates, 4th December 2012, 236).   Asked about the poverty impact of the 2013 budget by Mary Mitchell O’Connor (FG, Dun Laoghaire), the Minister for Finance, Michael Noonan, told her that there were requirements to take account of poverty in the cabinet handbook and consequently the government does consider these issues (Dail Eireann, Debates, 11th December 2012, 216-7).  A distributional analysis is undertaken in evaluating budget outcomes and illustrative examples were included in the 2013 budget document.  A regulatory impact analysis was not compulsory for the Finance Bill, but the Revenue Commissioners had an ongoing focus on minimizing the administrative burden on business and reported that they had reduced that burden by 25%, saving businesses over €85bn a year.