Senators McDowell and Higgins will be aware of our friends in Europe, particularly Germany and France, which have had difficulties. There has been a stagnation of economic growth and their heavy taxation policies have impacted dramatically on incentives for businesses and employees. Efforts are being made by the German Chancellor and Finance Minister to make some worthwhile changes. They have copied some of the Irish ways of doing things and are finding great difficulty in doing so. We have got it down to what I regard as a reasonable level. If we can keep it at that level, we will have a future competitive advantage.