Oireachtas Joint and Select Committees

Tuesday, 9 May 2017

Committee on Budgetary Oversight

Capital Investment Plan 2016-2021: Dublin Chamber of Commerce

4:00 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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No, I would say he has flummoxed the Government guys. Ireland being part of and a leading figure in the race to the bottom on corporate tax has now spurred a response from both the Tories in Britain and from Trump who are now engaging in this tax competition. Any advantage we think we may have got from operating a low corporate tax regime could easily be taken from us. To my mind, it begs the question if we are talking long term and sustainability whether we need to seriously shift tack.