Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

I think it will be pointed out though, Mr. Moran, that, you see, a huge amount of the borrowing was because of the irresponsible actions of the banks in crashing the economy and then the burden was still put on ordinary people. But, because of time, I want to move on and ask you - it ... this happened in your time and your advice to the Minister - do you think it's right that Bank of Ireland and Allied Irish Bank, after being bailed out by the people, should have these deferred tax assets - Bank of Ireland €1.2 billion, which means it will earn €9 billion in profits before it pays a penny in corporate tax, and Allied Irish Banks, €3.24 billion, which means it will earn €20 billion before paying a penny in tax? Is that just in view of what the people have suffered to bail out these banks?