Joe O'Reilly (Cavan-Monaghan, Fine Gael)

I thank Deputy Dara Murphy for facilitating me. I congratulate the Minister, Deputy Shatter, on his pioneering, comprehensive and realistic legislation. He has a major record as a legislator and this Bill adds to it. In congratulating him, I also congratulate the Government on this important legislation.

Listening to Deputy Boyd Barrett brings one into a fantasy world and makes one think that life is so easy, that money grows on trees and that there are simple solutions. On Committee Stage, I would like Deputy Boyd Barrett to tell us where he sees the additional taxation to accrue the moneys necessary to provide debt forgiveness. Where will he source the money, who will pay it and how will he administer the taxes? Does he foresee this money as additional to the €10 billion of tax he cited as desirable in next year's budget during the referendum campaign? If it is not additional, where will the €10 billion of additional taxes be placed, on whom and by what process?

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