Oireachtas Joint and Select Committees

Tuesday, 20 September 2016

Committee on Budgetary Oversight

Revenue Raising Proposals: Minister for Finance and Revenue Commissioners

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

How can that be construed in any way as increasing supply? If the Government provides State money to couples, and there is an argument about whether this should happen or not, it will only increase demand because the Government is giving a tax credit to the individual. They are not going to go out and build all these houses by themselves. It just creates more demand in an area where there is limited supply. The Minister's statement makes no sense whatsoever.

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