Oireachtas Joint and Select Committees

Thursday, 13 February 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Forthcoming Economic and Financial Affairs Council: Minister for Finance

10:40 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
Link to this: Individually | In context | Oireachtas source

I am simply pointing out that if one calculates the effective rates for personal income taxation in the same way as the effective rates for corporations, particularly the ones in the top bracket that are making €10 million in profit per year, which is the majority of them, there is a big difference between the tax credits that the ordinary worker gets and those the corporations get. That is at least part of the answer to the question about our effective corporate tax rates-----