Dáil debates

Tuesday, 2 October 2018

Ceisteanna - Questions

Cabinet Committee Meetings

4:40 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael) | Oireachtas source

There are also people who own businesses, and a business may well be worth €50 million, but against that there may be significant debts. Many people claim to be rich but might not be that rich at all when the levels of debts and borrowings they have are taken into account. Of course, one may own a business that is valued quite highly but not have any income from that business. Businesses are loss-making. One often sees this with farmers as well, that on paper the farm may be worth many millions but that the income the farmer derives from that farm can be very small. It is therefore important to understand the difference-----

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