Oireachtas Joint and Select Committees

Thursday, 10 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage (Resumed)

10:00 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

We oppose several sections of this Bill that amount to incentives for landlords. We are not happy with the thrust of the Government's policy on increasing the availability of affordable rental property under whatever guise, publicly or privately provided. Tax incentives for landlords and developers are not the right approach. It has not succeeded, and rather than continue to forgo taxes in this area, we should be using available funds for direct provision. It is one or the other. If the Minister gives tax breaks or subsidies to private landlords, there is less money available to the State to provide the affordable housing we need.

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