Oireachtas Joint and Select Committees
Thursday, 30 November 2017
Public Accounts Committee
Comptroller and Auditor General 2016 Report
Chapter 20: Corporation Tax Receipts
9:00 am
David Cullinane (Waterford, Sinn Fein) | Oireachtas source
The Department of Public Expenditure and Reform says it is a general rule of thumb that there are ten jobs created for every €1 million in capital investment. If that is the case, my calculation is that approximately 267,000 new jobs would have been created in 2015. That clearly was not the case, so what is happening?
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