Peadar Tóibín (Meath West, Aontú) | Oireachtas source

Good stuff.

As for deposit interest, Mr. Makhlouf mentioned that there has been a yawning differential between interest rates charged on lending vis-à-visinterest given on deposits just in recent times in Ireland. Does that not make the argument stronger for significantly increasing the banking levy on banks? Currently, I understand the banking levy takes in about €87 million, where it was originally identified for €150 million. Given that excess profitability that exists because of those yawning differentials, would it be a possible policy lever for the Government to increase the banking levy to, let us say, €200 million or €300 million?