Oireachtas Joint and Select Committees

Thursday, 10 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage (Resumed)

10:00 am

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

That is possible but the problem is we are not growing the economy. We have leprechaun growth. There is a student in Trinity College Dublin who is researching a PhD on corporate tax. He gave a presentation at the weekend which was quite stunning even for someone who has been as critical of the corporate tax regime as I have. I was pretty amazed. He showed a graph that stripped out growth based on intellectual property assets. There was no growth in the Irish economy. It was barely above zero.

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