Oireachtas Joint and Select Committees

Thursday, 2 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

Well, we ... you recall back in '06, you know, such was the buoyancy of our public finances at the time, believe it or not, there were some people suggesting that we could run the country without having any receipts for stamp duty at all. How considered that position was, I think, is open to question and I'm not suggesting it was a final considered position of anybody but it, certainly, was put into the public domain as a possible option, which I never saw as a runner at all.

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