Oireachtas Joint and Select Committees
Wednesday, 14 June 2017
Committee on Budgetary Oversight
Corporation Tax Receipts: Department of Finance and Revenue Commissioners
3:00 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I would point out, in terms of the availability of this information, that we find out this information two or three years late. Maybe they could give me the average. They give the increase in trading profits by sector in 2015, all of which, interestingly, are up significantly. There was an incredible increase in profits, of 5% in health and social work, 10% in transportation, and right up to 110% in manufacturing, if I read that correctly.
An extraordinary leap in profits is taking place, far in excess of, for example, what workers are getting in wage increases or increases in public spending. It is critically important that we know how much all of that is.
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