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

4:05 pm

Photo of Peter MathewsPeter Mathews (Dublin South, Independent) | Oireachtas source

How does Ms McVeigh respond to the ideas and suggestions I am putting forward? What is the position of the Minister, for example? Any Minister might feel out of his or her depth when dealing with matters of this nature. That is fair enough. Let us encourage people to speak plain English to each other in order that we might develop frameworks and designs and identify both our purposes and what it is that we are trying to achieve. We should seek to establish whether the money recouped via the tax will just go into a general revenue pot or whether it will be used as insurance in respect of banking and shadow banking.

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