Paul Murphy (Dublin South West, RISE) | Oireachtas source

I join in thanking all the staff for all the work that has been done over the past seven months in very difficult circumstances.

For years, People Before Profit has called for an end to Ireland's tax haven status. We have pointed out that not only is it immoral but it is completely unsustainable. The Government has continually responded over the years by saying that it cannot take action unilaterally and it cannot take action at a European level but it must be as part of a global process. We now have a global process to establish a 15% minimum corporation tax rate. In my opinion that is completely inadequate, but it is a global process. Where does the Irish Government find itself? It finds itself with Bermuda, the Cayman Islands and other tax havens in a small minority of countries opposed to it. Speaking on the radio this morning, the Minister, Deputy Donohoe, was fighting the corner for the 12.5% rate. Why should massive corporations pay taxes at a lower rate than that of workers?

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