Dáil debates

Wednesday, 9 April 2025

Protecting the Irish Economy Against Increasing Trade Tariffs: Motion [Private Members]

 

4:50 am

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú) | Oireachtas source

Ten individuals control 40% of the corporation tax coming into this country. Corporation tax is the second biggest tax in the State. It makes up 27% of the tax receipts. That is a massive exposure. It is a very narrow tax base. It means that if decisions are made by those ten individuals, it creates a big hole in our budget.

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