Dáil debates

Thursday, 28 October 2010

Macroeconomic and Fiscal Outlook: Statements (Resumed)

 

11:00 am

Photo of Dermot AhernDermot Ahern (Louth, Fianna Fail)

The problem with imposing a 62% marginal rate of tax on the executives of the companies we expect to come into this country is that many companies considering doing business here will view marginal rates of tax from the point of view of their executives. When they find that individuals will have to pay an income tax rate of 62% they will go elsewhere.

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