Dáil debates

Wednesday, 5 December 2012

Financial Resolution No. 9: Income Tax

 

7:25 pm

Photo of Eamon GilmoreEamon Gilmore (Dún Laoghaire, Labour) | Oireachtas source

It also explains why we get proposals from Deputy Boyd Barrett who seems to think that the entire €3.5 billion budgetary adjustment can be made up by planting some additional taxes on multinational companies. Of course, it fits the kind of juvenile approach that Deputy Boyd Barrett has to politics and to economic proposals.

Multinationals are bad. They are big, bad capitalist entities and if one could only get more tax from them, it would solve all our problems. Such analysis is without any regard to what would be the impact on investment and on job creation in this country. It is daft. I acknowledge that some Members, including Deputies Sean Fleming and Deputy Catherine Murphy at an earlier point made reasonable contributions, as did Deputy Ó Cuív.

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