Mr. Michael O'Flynn:

Well, I made contributions to parties and there's no question about that and I've always supported various approaches for contributions. There was ... I never made a contribution to connect with and look for anything from any politician, ever. So, I don't see any connection there but to go to the, the key part of your question, I think tax incentives are very important for certain types of developments. I accept some of the tax incentives in this country probably went on longer than they should but I was involved in urban renewal, I would say urban renewal is still necessary in parts of our cities. I think we've, we have to have more people living in cities and we have to find ways of buffering the, the brownfield or, or, you know, the brownfield cost of building and the issues around that.

I mean there are large parts of our cities that are not viable, some of them were not viable in the boom years and that's the blunt reality. I've been involved in student accommodation schemes in ... back in the early '90s. Ireland led the way, we created a very big student accommodation business in the UK, in Germany and Spain. Ireland led the way with accommodation, with student accommodation because of tax allowances and it helped universities enormously and I read in the paper, I think today or yesterday, that one of the universities - I think our own man from Cork - was calling on further tax incentives. We have to provide accommodation if we're going to feed our universities and I think universities are very important. So the point I'm coming to is, there are some tax incentives which would be very necessary and very desirable today.