Oireachtas Joint and Select Committees
Thursday, 8 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Pre-Budget Submissions: Discussion with Civic Society Representatives and Focus Groups
2:20 pm
Peter Mathews (Dublin South, Fine Gael) | Oireachtas source
The figures on foot of a reply to a parliamentary question from the Department of Finance indicate that if the rate was increased by 2.5% - I suggest holding that for seven years - it would raise €670 million. I do not believe any of the top executives of any of the companies here or thinking about coming here would blink at that. That is an issue we must examine because the sacred cow has been-----
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