Mr. Robin Hanan:

I might add to that comment. When the CSO figures look specifically at tax and welfare and the impact of welfare transfers on reducing the poverty rate, Ireland has gone from being one of the countries which has the least redistributive, where welfare does least to reduce poverty rates, to one of the countries where welfare does most. When we talk about the impact of being a low tax country, we are also taking into account the other part of the triangle, which is the services which are available and which have most impact on the lives of our members, the people living on very low income. While we have got to a situation where welfare transfers are helping us avoid the really extreme level of poverty, which would be very much an outlier in Europe, if this compensation was not in place, the low tax base has an enormous impact on the quality of our public services, which increases the real impact of poverty right across the board.