Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

But 2006, right, and, effectively, all the ... capital gains tax had gone up by five times from ... from your time ... you came in 1997, stamp duty by three times, cyclical taxes by two times. So the question is: how can you stand over a situation, Mr. Ahern, where, effectively ... was it irresponsible, in the context of those level of unsustainable property taxes, to boost spending at such a rapid rate between '04 and '07, in particular, during your time as Taoiseach?

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