Richard Bruton (Dublin North Central, Fine Gael)

This tax raised €350 million four years ago but today it raises €1.5 billion. The Minister has increased the amount of money it takes from people in this regard by a massive amount in four years. It is not as if the Minister is saying from a static point of view that we need to give a concession to people who are paying stamp duty. He is looking at a market where he has exacted a huge extra volume of money. That is why there is such a sense of unfairness about this tax.

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