Seanad debates
Tuesday, 16 November 2010
Order of Business
3:00 pm
Fidelma Healy Eames (Fine Gael)
Go mo leithscéal, it was a request. Will Ireland's low rate of corporation tax be at risk regardless of whether it decides to opt for a bailout? Being obliged to change the corporation tax rate could be a condition either way. What will be the position with regard to people's savings? At the weekend I was approached by many individuals who are concerned by reports which indicate that the terms of engagement in the event of a bailout could mean that their savings will be frozen.
The time for honesty has come. We can handle the truth. This is a great country and we are a great people. However, we have not been dealt a fair hand by the Government. We must stand together and there is a need for clarity and fairness. People must not be left in the dark. In the event of a bailout, which would essentially mean the State would be in default, what would be the status of the bank guarantee?
The second issue I wish to raise——
No comments