Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom Considine:

I think, as I said to you, I have reviewed the tax strategy papers and so on and I think the explanation for that really was that there was a general nervousness, which extended back to the experience after the Bacon report in actually interfering in the housing market and I'd say that's what delayed it. That's to the best of my knowledge.