Oireachtas Joint and Select Committees
Wednesday, 25 January 2023
Committee on Budgetary Oversight
Commission on Taxation and Welfare Report: Discussion
Neasa Hourigan (Dublin Central, Green Party) | Oireachtas source
Mr. Coffey says that the world has changed. Even in the short time we have been on this committee, the tone has certainly changed with regard to whether FDI companies will stay. At the outset of this committee's term and the Thirty-third Dáil, there was a suggestion that this was a significant threat and that a lot of foreign direct investment could leave. There certainly seems to have been a tonal change over the past year or so which suggests that this is unlikely and that these companies seem fairly embedded here. While this is purely a matter of opinion, does Mr. Coffey believe that is because of this ever-widening gap and the 14% or 15% benefit these companies are receiving? Does he believe that there is a new confidence that, if we hold onto that gap, these companies are not going anywhere?
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