Oireachtas Joint and Select Committees

Wednesday, 25 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Matters Relating to the Economy: Discussion with Governor of Central Bank

3:50 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

I understand. I am sorry to cut across the professor, but I have run out of time. My question is whether Professor Honohan accepts that the split mortgage as it has been described to us, which will constitute a 76% marginal tax rate, meets the Central Bank's requirements.

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