Oireachtas Joint and Select Committees
Wednesday, 2 October 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Financial Transaction Tax: Discussion with Department of Finance
3:25 pm
Thomas Byrne (Fianna Fail) | Oireachtas source
I agree with Ms McVeigh about the risks for Ireland and Europe on this. If every major western country introduced the FTT, then I could accept it, but I must say that the Government approach on this - it is a political matter and not for the witnesses - seems to be very lackadaisical. The British seem to be very concerned about the impact this would have on the City of London. We have a smaller but similar job situation here, but we seem to be standing back and hoping for the best with other countries' court actions or with the Council's legal advice.
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