Mr. Donal McNally:

Yes, I think, from reading the documents, it was highlighted by the Secretary General that the ... that it wasn't wise to rely on ... on taxes that might not remain permanent, that might not yield the same. I mean, the problem ... one of the issues with the stamp duty was ... the stamp duty was raised from 6% to 9% in 1996 when residential property tax and, I think, local authority charges were removed. This was a way of restoring the ... the revenue. But the stamp duty rates applied not on a tranche basis, not, sort of,1% of the first €100,000; 2% of the next. Once you went over the-----