Pearse Doherty (Donegal South West, Sinn Fein)

The Minister said that if the Commission's proposals were to take place we would see a leakage of jobs and revenue from the State, presumably to London. Has the Department of Finance carried out any research on what the impact would be if Ireland signed up to a financial transaction tax, while Britain remained outside? What would be the impact on jobs, revenue, GDP, and the financial services sector which makes up 3% of our GDP? If that research exists, can the Minister provide the information to the House?

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