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Should the banks be subjected to a windfall tax?

EPISODE · Sep 23, 2023 · 10 MIN

Should the banks be subjected to a windfall tax?

from Down To Business

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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Should the banks be subjected to a windfall tax?

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This episode is 10 minutes long.

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This episode was published on September 23, 2023.

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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...

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