Mr. Michael Taft:

That would be of huge benefit to the economy and to economic policy because so many companies are not legally required to make a public declaration of their profits. That is the case with a lot of private domestic companies and foreign branches of multinational sectors. That would be very helpful because classic economics, as much as we might criticise it, has one key point that is applicable to all economic theory, namely, that one needs to have symmetry of information. If companies are able to withhold information it puts the Government at a disadvantage. It also puts the workforce at a disadvantage when it comes to wage contract bargaining. Further, it puts society at a disadvantage. The more openness and transparency we can have the better policy decisions we will get.