Oireachtas Joint and Select Committees
Wednesday, 16 November 2022
Committee on Budgetary Oversight
Report of the Commission on Taxation and Welfare: Discussion (Resumed)
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
According to the institute's opening statement, we should reduce the CGT because it "is having a dampening effect on economic activity", and that reducing it could "improve the environment for start-ups and mature businesses, leading to an increase in transactions". I ask the witnesses to elaborate on that point. I do not really understand it.
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