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
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
I am sympathetic to the issues Deputy Donnelly has raised, but in trying to develop something that would assist people in these circumstances, it must be tightly managed so that it is not subject to abuse or exploitation or become another loophole through which people can profit.
If it were not done properly or set up with that danger in mind, it could be open to abuse. That said, I am sympathetic. With regard to the section we are dealing with, in so far as it covers interest deductibility, these are the only people who should get assistance. That is dealing with the wider section.
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