Oireachtas Joint and Select Committees
Thursday, 10 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with the Central Bank of Ireland
9:30 am
John Deasy (Waterford, Fine Gael) | Oireachtas source
Surely Professor Lane's job, to a certain extent, is to quantify how much we could lose. If he sees this going in one direction, he should quantify effectively what we will lose in tax revenue and project it over ten years, and if he sees a point where it is extremely damaging for our overall tax revenue and what we are taking in surely he has to say, hang on a second, this is a massive amount of what we use for public services and other expenditure and we need to draw the line here. Am I reading Professor Lane correctly?
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