Mr. Ian Talbot:

The Chairman has caught us on the hop on this one. We are trying to make it as attractive as possible to grow and build businesses. We do not tend to get into personal tax rates around this and so on. It is important that entrepreneurs who, having left a PAYE job, invest in a business and take on the worry of paying salaries every month and so on, are rewarded for doing so. There can be a grudge factor in Ireland about people who do well. If people are not encouraged to get into business and create jobs that presents as a crisis for us. The argument again is whether it is a good time to penalise people who are in the job creation space.