Oireachtas Joint and Select Committees
Thursday, 26 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael D'Arcy (Fine Gael) | Oireachtas source
Can I ask the professor his view on taxation. He says that the tax base was reduced from 60% to 48% and subsequently the marginal rate is now 40%. Does he think we should go back to the 60% rate? I would also like his opinion about the establishment of the International Financial Services Centre which many consider a success story. I refer to the film "The Commitments" which was my memory of the docks in the early 1990s.
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