Dáil debates

Wednesday, 1 February 2017

Ceisteanna - Questions

World Economic Forum

1:15 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

One of the central discussions at Davos - ironically, given that it is packed full of multi-billionaires and the world's elite - was inequality. One could not make it up. In so far as it was discussed, Oxfam made a shocking presentation revealing that eight billionaires own the same amount of personal wealth as the poorest 50% of the world's population. The presentation made it clear that the major contributory factor to this was corporate tax avoidance, ironically by the very same people with whom the Taoiseach rubbed shoulders at the forum, and who have engaged in aggressive tax avoidance and evasion in this country.

Was the Taoiseach not embarrassed by the stark facts revealed by Oxfam about Ireland's deep implication in contributing to that level of global inequality when the Apple tax ruling confirmed, and it was named by Oxfam at the forum, that it is one of the major culprits in all of this, yet we are appealing a ruling in which the EU Commission sought to do something about that? Contrary to what the Taoiseach said in his previous reply, Commissioner Vestager said there was no evidence whatsoever that any other European country had a claim on that €13 billion and that as far as she was concerned, the overwhelming majority of it was owed to Ireland because Apple had allocated profits-----

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