Mr. Simon Murtagh:

On asset classes, my answer is similar to the one I gave earlier regarding no exceptions. The best form of wealth tax, on which economists across Ireland who have written on this are pretty much agreed, is that there should not be any exceptions insofar as is possible. However, our argument is that the threshold should be above the high one we have mentioned. It would not affect people by impoverishing them in any way. They are already at such a high threshold, having the equivalent of $5 million. I am conscious of the context of this discussion-----