Dáil debates
Wednesday, 23 November 2016
Finance Bill 2016: Report Stage (Resumed) and Final Stage
7:40 pm
Stephen Donnelly (Wicklow, Social Democrats) | Oireachtas source
Ultimately, it is about getting proper taxes. The fact that companies have made significant amounts of money means that they had smart business people. To be honest, I do not think people have got their heads around exactly how much profit is being made. It is off the scale. Companies are turning investments of €80 million into profits of €400 million, for example. What is being done is extraordinary and I am concerned about taxing it. Revenue has stated the figure of €40 billion is grossly overstated.
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