Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The Deputy knows that the reason that is happening is because we are taxing that level of profit. The next leg of that argument is going to be that there are issues of the carry forward of losses and the taxation treatment of the carry forward of losses that has an effect on the tax liability in the here and now. If we were to change that there would be another set of consequences that I would have to deal with, particularly if we look at our banks.