Oireachtas Joint and Select Committees
Tuesday, 15 November 2016
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance Bill 2016: Committee Stage (Resumed)
2:00 pm
Stephen Donnelly (Wicklow, Social Democrats) | Oireachtas source
If I was a vulture fund and my mates and I were managing €40 billion or €50 billion in assets and the Government said they would tax us now and “By God we estimate you are going to pay us €50 million”. I would say, "Ah that is terrible, thank you very much". I do not mean to be glib about it but it does potentially send out a signal that says “Actually we do not really expect to tax you much at all."
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