Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

On the alternative position put by Mr. Taft, he has suggested that were we to adjust the tax position, on its own it could have an impact on the levels of investment. How does he tally that with his other argument, which is that as a result of Ireland's low tax rate, we have a low level of corporate investment when compared with our European neighbours? I do not quite discern how these two things square. If our tax is not a major contributor, when compared with our European neighbours, to significant levels of corporate investment, why would increasing the effective rate or the nominal rate by some degree have any particular effect on the levels of corporate investment?