Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I appreciate that. If there is a legitimate argument about the tier 1 capital ratio that can be dealt with by allowing the losses to be carried forward it should not disadvantage the Irish taxpayer in respect of the profits on which they should have been taxed. That is why the levy can be adjusted to reflect that. I hope that the Minister will acknowledge that at least for a period of time. It could have a sunset clause but it should be there. The people expect no less.