Dr. Seán Healy:

Because it is a very small amount of money to those particular corporates which are particularly involved in financial services. The money they are making in Ireland is for the most part covered well by having 6.5% of their profits being written off.

In fairness, we have a system under which the PAYE sector has no choice but to pay a very high percentage of its income. On the other side, we are asking the corporate sector to make a very small contribution and I believe it could be done.