John Whelan (Labour) | Oireachtas source

We will lose jobs and tax. The effective rate of tax in this country for ordinary workers is 51% for anybody earning over €35,000. Are we to say that multinationals are not paying their fair share? All we are seeking is the 12.5% rate to be paid on profits. There is nothing wrong or unjust about that and it should not jeopardise foreign direct investment into the country. We should not be afraid to stand up and say that.