Oireachtas Joint and Select Committees

Tuesday, 15 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Pre-Budget Submissions: Discussion

3:50 pm

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

Possibly, yes. Is there not sometimes a false dichotomy in this regard?

With regard to business, Ms Burke seems to be hinting at a more progressive rates system. I am in favour of a more progressive rates system that distinguishes between the small and medium enterprise and the big multinational or in parking charges, which are regressive. I agree with her on these points, but I do not fully understand why the logical follow-on would not be that we increase corporation tax or have a progressive corporation tax system, for example, in order that very profitable big corporations would make a bigger contribution, with progressivity at least in terms of small and medium enterprises.

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