Oireachtas Joint and Select Committees
Wednesday, 26 October 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Concrete Block Levy: Discussion
Mr. Tom Parlon:
The first thing I would suggest is that if they were going to do it, the Department of Finance would do a very detailed regulatory impact study to see how that would work, and whether it works. I do not know whether it works. Clearly you would be talking about quite a select and small number. A couple of our developers are publicly quoted companies, and the rest of them are private operations. It is the timing that is the biggest issue in the extraordinary period of inflation. Nobody could have seen coming that we would have crises with energy and Ukraine, and costs gone up by what they are, and going up regularly. If at this particular time we decide to add to the cost, that is certainly something I have a difficulty with, whatever we try to find otherwise as an alternative. The levy just does not make sense in that context.
No comments