Oireachtas Joint and Select Committees
Wednesday, 28 May 2014
Committee on Finance, Public Expenditure and Reform: Joint Sub-Committee on Global Corporate Taxation
Ireland's Corporate Tax System: (Resumed) KPMG and Unite
3:00 pm
Dara Murphy (Cork North Central, Fine Gael)
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Mr. Taft made the point that Mr. O'Brien is representing the accounting and tax perspective, while Unite is taking a more macroeconomic position on these issues. Does he accept the basic economic principle of the law of diminishing returns? Does he accept, for example, that if we raise corporate tax rates, there is at least a potential risk in terms of the total revenue accrued?