Richard Bruton (Dublin Bay North, Fine Gael)
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The model we have is that Enterprise Ireland is the largest investor in start-ups and scaling in the world. There is no other state agency on its scale. Though the IDA has a significant impact, its budget, the amount of State money it is spending on these companies, is relatively small. The heavy investment by the State from the enterprise sector is going into this. However, Mr. McDonnell states we are not successful. What is wrong in the model we have that makes companies want to sell? Is it only capital gains tax, CGT, as Mr. McDonnell suggests or is it a wider issue?