Pat Rabbitte (Dublin South West, Labour)

We know what will happen there. We will be very lucky if he does not erect tolls at the entrances to all the Great Southern Hotels.

I will take up the two points advanced for this decision. One relates to — shock, horror — approximately €6 million in accumulated losses. In yesterday's debate I pointed out to the Taoiseach that the previous day's report stated that €125 million was foregone in tax to new hotels.

See this speech in context