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
Eoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source
If people are less wealthy or not rich or however one might want to term it, they can come together and pool their investment money to make an investment in areas where they might not have been able to do so previously. That is the purpose of a fund. If they make a profit, they are charged at the marginal rate.
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