Tax windfall must not be 'squandered' — Chambers Ireland

In its pre-budget submission, business group says tax revenues should be set aside for infrastructure and pension costs

Chambers Ireland Chief Executive Ian Talbot said its members were extremely concerned about the infrastructure gap which is lowering the quality of life for people working in Ireland. 

Business groups have warned the Government the current windfall from exchequer returns must not be "squandered" and excess funds need to be locked into a special purpose fund targeted at the country's infrastructure deficits in the coming years.

In its pre- budget submission, Chambers Ireland said for the first time in five years, the Government would be creating its budget without being under the shadow of an immediate impending crisis.