Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I'm going to read some figures to you during that period, and these are all figures relating to 2002-2006. The first graph I have up there, it's at the top of the page, and what you'll see is capital gains tax as a percentage of total revenue, this is the overall revenue figure. And in or around 2002 it makes up 2% of the overall figure, going up to 6% of the overall revenue in the period of 2002-2006, an increase by my estimation of about 200%-----

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