Dr. Donal Donovan:

Yes. I am very happy to do that. This is a direct quote from the published IMF consultation report. If the Chairman will allow me a moment, I can give the exact reference. That particular quote is from 2004 and I will quote it directly: "the authorities noted the politically, likely insurmountable, difficulties of the removing interest-deductibility of mortgages or introducing taxation on property given the electorate's long history of attachment to, and preference for owning, property." That is on page 20 of the 2004 report. In 2006 - again this is a published document - the authorities "acknowledged the economic desirability of broadening the tax-base but pointed to popular opposition to increasing property-related taxes". That on page 13 of the IMF report of 2006.