Should the banks be subjected to a windfall tax?

In recent months, as Irish banks enjoy massive profits, consumers were found to have the lowest deposit rates out of the Eurozone, United Kingdom, and the United States. One of the ways to more evenly distribute the profits of our baking institutions is the implementation of a windfall tax, but Cormac Lucey warns against this - he joins Bobby to discuss.

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10.40 23 Sep 2023

Should the banks be subjected to a windfall tax?

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Down To Business with Bobby Kerr

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10.40 23 Sep 2023

In recent months, as Irish banks enjoy massive profits, consumers were found to have the lowest deposit rates out of the Eurozone, United Kingdom, and the United States.

One of the ways to more evenly distribute the profits of our baking institutions is the implementation of a windfall tax, but Cormac Lucey warns against this - he joins Bobby to discuss.